If the Price of a Soda Increases from 75¢ to $1.00

question 249

Multiple Choice

If the price of a soda increases from 75¢ to $1.00 and as a result the quantity demanded of sodas decreases from 10 to 9 per week, the elasticity of demand for sodas equals

• A) 2.72.
• B) 0.37.
• C) 0.83.
• D) 1.20.

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Definitions:

CitT Gene

A gene encoding a protein that facilitates the transport of citrate across cell membranes, often studied in bacterial species.

Duplication

The process in genetics where a segment of a chromosome is duplicated or replicated, leading to multiple copies of that segment in the genome.

Bilaterian Ancestor

An early animal that is the common ancestor of two major groups of living organisms, characterized by bilateral symmetry.

Nervous System

The complex network of nerves and cells that transmits signals between different parts of the body, enabling organisms to respond to internal and external stimuli.