When Is Demand Said to Be Inelastic

question 146

Multiple Choice

When is demand said to be inelastic

• A)when the quantity demanded changes proportionately more than price
• B)when the quantity demanded changes proportionately more than income
• C)when the quantity demanded changes proportionately less than price
• D)when the quantity demanded changes proportionately less than income

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Definitions:

Bioinformatics

The storage, retrieval, and comparison of biological information, particularly DNA or protein sequences within a given species and among different species.

Gene Structure

The arrangement of functional regions within a gene, including regulatory sequences, exons, introns, and untranslated regions that influence gene expression.

Genetic Shotgun

A sequencing method that involves breaking down DNA into many small pieces, sequencing them, and then using computer algorithms to assemble the sequences into a complete genome.

Transgenic Salmon

Salmon that have been genetically modified, often to grow faster than their non-GM counterparts.