Examlex
Match each cell structure represented with the appropriate description.
-assembles amino acid into polypeptide chains
A)peroxisomes
B)chloroplasts
C)Golgi bodies
D)DNA molecules
E)cuticle
F)central vacuoles
G)lysosomes
H)mitochondria
I)pseudopods
J)ribosomes
Elastic Demand
A situation where the demand for a product changes significantly in response to a change in price.
Short Run
A period in which at least one input is fixed and cannot be changed by the firm.
Substitutes
Products or services that can replace each other, where an increase in the price of one leads to an increase in demand for the other.
Elastic Demand
Elastic Demand occurs when the quantity demanded of a product changes significantly as its price changes.
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