Select the Correct Statement

question 3

Multiple Choice

Select the correct statement.

• A)DNA and RNA are double-stranded molecules composed of nucleotides.
• B)DNA and RNA are single-stranded molecules with dissimilar nucleotides.
• C)DNA contains the genetic code, and RNA carries the coded information to the sites of protein synthesis.
• D)DNA is double-stranded but RNA is single-stranded, although their nucleotides are identical.

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Definitions:

Elasticity Value

A measure in economics indicating how the quantity demanded or supplied of a good responds to changes in price or income.

Inelastic Demand

A situation in which the quantity demanded of a good or service changes by a relatively small amount in response to a change in its price.

Price Elasticity

An indicator of the extent to which the demand for a product is affected by variations in its cost.

Midpoint Formula

A method for calculating the price elasticity of demand or supply by averaging the starting and ending prices and quantities to estimate the percentage change.