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You are a graduate student conducting an experiment in which you are using an intracellular electrode to record the membrane potential of an optic neuron when exposed to a very brief (0.1 second) flash of light. To your surprise, the optic neuron's membrane potential is recording at -90 mV and there is a longer-than-expected delay between the flash of light and depolarization of the neuron. You report your findings to the lab PI, who responds,
Price of Sugar
The cost at which sugar is sold in a market, influenced by factors such as supply, demand, production costs, and market conditions.
Quantity Demanded
Represents the total amount of a good or service that consumers are willing and able to purchase at a given price.
Relatively Inelastic
Describes a situation where the demand or supply of a product is not significantly changed by alterations in price.
Total Revenue
The sum total of revenue a business earns from its sales activities and service provisions during a particular period.
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