If a 10 Percent Increase in the Price of One

question 49

Multiple Choice

If a 10 percent increase in the price of one good results in no change in the quantity demanded of another good, then it can be concluded that the two goods are

• A)complementary goods.
• B)substitute goods.
• C)independent goods.
• D)normal goods.

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Definitions:

Centrioles

Cylinder-shaped organelles found in animal cells, playing a crucial role in cell division by helping in the formation of the spindle apparatus.

Microvilli

Tiny hair-like structures on the surface of cells in the small intestine, increasing surface area for absorption of nutrients.

Columnar Cells

Elongated, pillar-like cells, often found lining organs such as the intestines or respiratory tract, involved in absorption, secretion, or protection.

Transcription

Process of forming RNA from a DNA template.