The Prefix Super- Means Above And

question 49

Multiple Choice

The prefix super- means above and:

• A) in front of.
• B) away from.
• C) upper.
• D) large.

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Definitions:

Unit Elastic

A situation in economics where a percentage change in price causes an equal percentage change in quantity demanded or supplied.

Elasticity

A measure in economics of how much the quantity demanded or supplied of a good changes in response to changes in its price or other factors.

Substitutes Available

Products or services that can be used in place of one another, providing consumers with choices in the marketplace.

Elastic

Describes a situation in which the quantity demanded or supplied changes significantly in response to a change in price.