Economists Use the Concept of ________ to Measure How One

question 272

Multiple Choice

Economists use the concept of ________ to measure how one economic variable, such as quantity, responds to a change in another economic variable, such as price.

• A)slope
• B)efficiency
• C)relativity
• D)elasticity

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Definitions:

High-pass

A filter that allows frequencies higher than its cutoff frequency to pass through while attenuating frequencies below the cutoff.

Radio Station

A service that broadcasts audio content through radio waves to be received by the public, typically including music, news, and other entertainment.

Separator

In electrochemical cells, a separator is a membrane that allows the flow of ions but prevents direct contact between the cathode and anode, thus avoiding a short circuit.

Discriminator

An electronic circuit used to demodulate frequency-modulated signals, converting changes in frequency into amplitude variations.