Another Effect of Global Warming Is That It Contributes to Further

question 49

Multiple Choice

Another effect of global warming is that it contributes to further warming of the planet. What is this process called?

• A) cycle of warming
• B) ratio warming
• C) positive feedback loop
• D) redundant warming

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Definitions:

Elastic Demand

A condition where the quantity demanded of a good or service significantly changes due to a change in its price.

Inelastic Demand

A market scenario where the quantity demanded of a good or service changes minimally in response to price changes.

Perfectly Inelastic

A situation where the quantity demanded or supplied of a good does not change regardless of the changes in its price.

Perfectly Elastic

A situation in economics where the demand or supply for a good is completely responsive to changes in price, resulting in an infinite elasticity.