Examlex

Solved

Of the Following,which Are Current Types of Peer Reviews A)Option a
B)Option B
C)Option C
D)Option D

question 67

Multiple Choice

Of the following,which are current types of peer reviews?  Systern Reviews  Erigagement Renews A. Yes  Yes B. Yes  No C. No  Yes D. No  No \begin{array} { c c } &\text { Systern Reviews } & \text { Erigagement Renews } \\A.&\text { Yes } & \text { Yes } \\B.&\text { Yes } & \text { No } \\C.&\text { No } & \text { Yes } \\D.&\text { No } & \text { No }\end{array}


Definitions:

Producer Surplus

The gap between what sellers are prepared to take for a product or service and the actual amount they get.

Inelastic

This refers to a lack of sensitivity in the quantity demanded or supplied when the price changes.

Elastic

Describes a situation in economics where the demand or supply for a good or service significantly changes in response to a change in price.

Substitute Goods

Products or services that can be used in place of one another, with their demand being inversely related: as the price of one rises, the demand for the other increases.

Related Questions