Which Is NOT a Determinant of the Elasticity of Demand

question 66

Multiple Choice

Which is NOT a determinant of the elasticity of demand?

• A)The proportion of income consumers spend on the good
• B)The number of sellers
• C)The availability of substitutes
• D)Time

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Definitions:

Available Nutrients

Nutrients present in the environment that can be readily absorbed and used by organisms for growth and metabolism.

Eukaryotic

Pertaining to cells and organisms that have a nucleus enclosed within membranes, distinct from prokaryotic cells which lack such a nucleus.

Photosynthetic

Pertaining to the process by which green plants, algae, and some bacteria convert light energy into chemical energy in the form of sugars, using chlorophyll and releasing oxygen as a byproduct.

Unicellular

Describing organisms made up of a single cell, capable of performing all necessary life functions within that one cell.