If the Price of Business Broadband Is Greater Than That

question 100

Multiple Choice

If the price of business broadband is greater than that of residential broadband,all else equal,

• A) business has greater price elasticity than residential.
• B) residential has greater price elasticity than business.
• C) both have positive income elasticity.
• D) generally speaking, broadband is equally priced.

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Definitions:

Recessive Trait

A genetic characteristic that is expressed in an organism's phenotype only when two copies of the gene are present.

Heterozygous

A genetic condition where an individual has two different alleles for a specific gene.

Complete Dominance

a genetic condition where one allele completely masks the effect of another allele in a heterozygous combination.

Dominant Gene

A gene that expresses its phenotype in the presence of another allele.