If the Demand Is Unit Elastic, a Price Cut Will

question 464

True/False

If the demand is unit elastic, a price cut will leave the quantity demanded unchanged.

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Definitions:

Gene Flow

The transfer of genetic variation from one population to another, which can occur through various mechanisms such as migration or the movement of pollen and seeds.

Phenotype

The observable characteristics or traits of an organism resulting from the interaction of its genotype with the environment.

DNA Nucleotides

The basic building blocks of DNA, consisting of adenine, cytosine, guanine, and thymine, which encode the genetic information.

Gene Mutation

Altered gene whose sequence of bases differs from the original sequence.