When Calculating Price Elasticity of Demand,if the Numerator Is Positive,the

question 111

Multiple Choice

When calculating price elasticity of demand,if the numerator is positive,the denominator is:

• A)always greater than one.
• B)always greater than zero.
• C)sometimes positive and sometimes negative.
• D)always less than zero.

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Definitions:

Island Chains

Island chains are series of islands formed from similar geological processes, such as volcanic activity, and are often found stretching across regions of the ocean.

Back-arc Seafloor Spreading

The process of seafloor spreading occurring behind an oceanic trench associated with subduction zones, leading to the formation of new oceanic crust.

Sea of Japan

A marginal sea located between the islands of Japan, the Russian Far East, and the Korean Peninsula.

Deep Basin

A large depression on the earth's surface, often below sea level, characterized by significant depths and possibly housing sedimentary formations or resources.