Demand Tends to Be ________ in the Short Run Than

question 69

Multiple Choice

Demand tends to be ________ in the short run than in the long run.

• A)more elastic
• B)less elastic
• C)more variable
• D)less important

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Definitions:

Axon

A long, slender projection of a nerve cell, or neuron, that typically conducts electrical impulses away from the neuron's cell body.

Homeostasis

The process by which living organisms regulate their internal environment to maintain stable, optimal conditions despite changes in the external environment.

Vital Activities

Essential processes or actions necessary for the maintenance of life, including breathing, feeding, digestion, and reproduction among organisms.

Autonomic Nervous System

The part of the nervous system responsible for controlling bodily functions not consciously directed, such as breathing, the heartbeat, and digestive processes.