What Is the Calculation Called for a Series of Hypothetical

question 6

Multiple Choice

What is the calculation called for a series of hypothetical water levels in an impoundment and their corresponding discharge through an orifice?

• A)single-stage outlet
• B)impoundment
• C)discharge rating
• D)berm

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Definitions:

Cross-Price Elasticity

A measure used in economics to show how the quantity demanded of one good changes in response to a change in the price of another good.

Inferior Goods

Goods for which demand decreases as the income of the consumer increases, opposite to normal goods.

Normal Goods

Goods for which demand increases as consumers' income increases, holding all other factors constant.

Cross-Price Elasticity

A measure of how the quantity demanded of one good changes in response to a price change of another good.