Because the Demand for Wheat Tends to Be Inelastic,the Development

question 39

Multiple Choice

Because the demand for wheat tends to be inelastic,the development of a new,more productive hybrid wheat would tend to

• A)increase the total revenue of wheat farmers.
• B)decrease the total revenue of wheat farmers.
• C)decrease the demand for wheat.
• D)decrease the supply of wheat.

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Definitions:

Dominant Gene

A gene that expresses its phenotype over another gene, the recessive gene, when they are both present in a pair of alleles.

Recessive Gene

A gene that produces its characteristic phenotype only when its allele is identical, otherwise being masked by the effects of a dominant gene.

Temperament

An individual's innate disposition or behavioral style and characteristic emotional response.

Chess and Thomas

Researchers known for their work on temperament, particularly identifying three basic types of temperament in infants: easy, difficult, and slow-to-warm-up.