Suppose Demand Can Be Written as P = 5

question 2

Multiple Choice

Suppose demand can be written as P = 5.The elasticity of demand is)

• A) increasing as price rises.
• B) decreasing as price rises.
• C) constant regardless of prices and perfectly elastic.
• D) constant regardless of prices and unit elastic.

Understand the basic concepts of neural communication and synaptic transmission.

Recognize the role of neurotransmitters and ion channels in the nervous system.

Identify different types of neurons and their functions in the nervous system.

Explain the mechanisms of action potentials and their propagation.

---

Definitions:

Par Common Stock

The nominal or face value assigned to common stock shares as recorded in the corporate charter, influencing the accounting of company stock transactions.

Cost Method

An accounting method where the investment is recorded at its acquisition cost, with no subsequent changes for increases or decreases in value.

Fiscal Year

A one-year period adopted by businesses and governments for accounting and financial reporting, which may or may not align with the calendar year.

Preferred Stock

A class of stock that offers its holders priority over common stockholders in the distribution of dividends and assets.