If Apples Have an Own Price Elasticity of −1

question 132

Multiple Choice

If apples have an own price elasticity of −1.2 we know the demand is:

• A) unitary.
• B) indeterminate.
• C) elastic.
• D) inelastic.

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Definitions:

Epiphytes

Epiphytes are plants that grow on other plants for physical support, obtaining nutrients and moisture from the air, rain, or debris accumulating around them, rather than the soil.

Photosynthetic

Relating to photosynthesis, the process by which green plants, algae, and some bacteria convert light energy, usually from the sun, into chemical energy stored in glucose.

Adventitious Root

Adventitious roots are roots that grow from an unexpected region of the plant, such as stems or leaves, playing a key role in plant propagation and recovery from injury.

Root Hair Development

The growth of tiny hair-like extensions from root epidermal cells, increasing surface area for water and nutrient absorption from the soil.