The Price Elasticity of Supply Is Equal to

question 65

Multiple Choice

The price elasticity of supply is equal to

• A)the value of the slope of the supply curve.
• B)the change in quantity supplied divided by the change in price.
• C)the percentage change in price divided by the percentage change in quantity supplied.
• D)the percentage change in quantity supplied divided by the percentage change in price.

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Definitions:

Ecological Barriers

Physical, biological, or chemical factors that limit the distribution or movements of organisms within ecosystems.

Hybrid Sterility

A postzygotic barrier where hybrid offspring are produced but are incapable of reproducing, often due to differences in the parental chromosomes.

Prezygotic Isolation

Reproductive barriers that occur before fertilization, preventing species from interbreeding and producing hybrid offspring.

Mechanical Isolation

A form of reproductive isolation where differences in the size and shape of reproductive organs prevent mating between species.