When the Price of a Pound of Apples Is $1

question 245

Multiple Choice

When the price of a pound of apples is $1.00, 7500 pounds of apples are demanded. When the price of a pound of apples decreases to $0.80, 10,000 pounds of apples are demanded. In this price range the demand for apples is

• A) elastic.
• B) inelastic.
• C) unit elastic.
• D) perfectly elastic.

Grasp the concept and impact of Bismarck's Realpolitik in the German unification process.

Describe the socio-political differences between the German, British, and French middle classes in the nineteenth century.

Identify and explain the geopolitical consequences of German unification for Europe.

Understand the influence of nationalism on the formation of nation-states in the nineteenth century.