A Topic Sentence Sets the Scene for the Information in the Remainder

question 2

True/False

A topic sentence sets the scene for the information in the remainder of the paragraph.

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Definitions:

Demand

The desire of purchasers, consumers, or clients for a particular good or service, coupled with the ability and willingness to pay for it.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded for a given period.

Elastic

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

Elasticity of Demand

An indicator of the variation in the amount of a good or service desired with respect to its price fluctuation.