Classification

question 48

Multiple Choice

Classification. Respond to the following statements in reference to the five plant tissues listed below.
-This tissue gives rise to primary tissue forming xylem and phloem.

• A)protoderm
• B)ground meristem
• C)procambium
• D)vascular cambium
• E)cork cambium

---

Definitions:

Price Floor

A government-imposed minimum price charged on goods and services, set above the equilibrium price to prevent market prices from falling too low.

Consumer Surplus

The discrepancy between consumer willingness to pay a total amount for a product or service and the amount they really do pay.

Consumer Surplus

The difference in the total amount consumers are predisposed and financially prepared to pay for a good or service versus their actual expenses.

Normal Good

A good for which demand increases as consumer income rises, and decreases when consumer income falls, all other factors being constant.