Suppose a Decrease in World Demand for Potash (Used in the Production

question 82

Multiple Choice

Suppose a decrease in world demand for potash (used in the production of fertilizer) decreases the price from $400 per tonne to $240 per tonne.Annual Canadian production decreases from 12 million tonnes to 8 million tonnes.What is the elasticity of supply of Canadian potash?

• A)0.4
• B)0.8
• C)0.75
• D)1.0
• E)1.25

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Definitions:

Queer Theorists

Scholars and thinkers who explore issues related to gender, sexuality, identity, and norms through the lens of queer theory.

Nuclear Family

A family unit consisting of two parents and their children (biological or adopted) living together in a household.

Feminists

Individuals who advocate for women's rights on the grounds of political, social, and economic equality to men.

Instrumental Roles

The roles in a family or group centered around providing resources, such as income and safety, often stereotypically associated with males.