An Elastic Demand Indicates That

question 159

Multiple Choice

An elastic demand indicates that

• A) quantity demanded does not vary with changes in the price.
• B) relatively small changes in price lead to relatively large changes in quantity demanded.
• C) relatively large changes in price are required to obtain a relatively small change in quantity demanded.
• D) relatively large changes in quantity demanded lead to relatively large changes in price.

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Definitions:

Pollinators

Animals or insects that transfer pollen from one flower to another, facilitating plant reproduction.

Megaspore

A type of spore in some plants that develops into a female gametophyte, distinguished by being larger than other types of spores, such as microspores.

Female Gametophyte

The gamete-producing structure in plants and algae that develops into the female gamete.

Embryo Sac

Female gametophyte (megagametophyte) of flowering plants.