If the Demand for Orange Juice Is Expressed as Q

question 60

Multiple Choice

If the demand for orange juice is expressed as Q = 2000 - 500p,where Q is measured in gallons and p is measured in dollars,then at the price of $3,the demand curve

• A) is elastic.
• B) has a unitary elasticity.
• C) is inelastic.
• D) is perfectly inelastic.

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Definitions:

Endometrium

Mucous membrane composing the inner layer of the uterine wall; consists of a simple columnar epithelium and a lamina propria that contains simple tubular uterine glands.

Germ Layers

The three primary layers of cells (ectoderm, mesoderm, and endoderm) in the early embryo, from which all tissues and organs develop.

Cardiovascular

Relating to the heart and blood vessels, encompassing the entire circulatory system.

Ectoderm

The outermost layer of cells or tissue of an embryo in early development, giving rise to the skin and nervous system.