Figure 48-3 Refer to the Accompanying Figure

question 90

Multiple Choice

Figure 48-3 Refer to the accompanying figure. Hormonal regulation of sodium reabsorption occurs in the regions labeled as:

• A) 3 and 5.
• B) 6 and 8.
• C) 6, 7, and 8.
• D) 8 and 9.
• E) 9 and 10.

---

Definitions:

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with elasticity greater than one indicating a responsive market.

Inelastic

Describing a situation where a change in the price of a good or service has a relatively small effect on the quantity demanded or supplied.

Price Elasticity

The responsiveness of the quantity demanded or supplied of a good to a change in its price, commonly referred to in economics as price elasticity of demand or supply.

Quantity Demanded

The total amount of a good or service that consumers are willing to buy at a given price over a specified period.