Holding All Other Factors Constant and Using the Midpoint Method,if

question 21

Multiple Choice

Holding all other factors constant and using the midpoint method,if a candy manufacturer increases production by 20 percent when the market price of candy increases from $0.50 to $0.60,then supply is

• A)inelastic,since the price elasticity of supply is equal to .91.
• B)inelastic,since the price elasticity of supply is equal to 1.1.
• C)elastic,since the price elasticity of supply is equal to 0.91.
• D)elastic,since the price elasticity of supply is equal to 1.1.

Understand the interdisciplinary approach in studying plant-human interactions, including ethnobotany.

Evaluate the importance of seed dormancy and methods to break dormancy for seed germination.

Describe the evolution of seed plants and their ecological and evolutionary significance.

Understand basic concepts of bits and their binary values.