If Joe Says That Nothing Comes Close to a Pepsi

question 4

Multiple Choice

If Joe says that nothing comes close to a Pepsi, his demand for Pepsi is likely to be

• A)relatively price elastic
• B)relatively income elastic
• C)relatively price inelastic
• D)unit elastic
• E)infinitely elastic

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Definitions:

Polysaccharide

Large molecules composed of many sugar molecules bonded together, serving as energy stores or structural components in living organisms.

Pro-protein

An inactive precursor molecule that must be modified to become an active protein.

Nucleotides

Organic molecules that are the building blocks of nucleic acids like DNA and RNA; consisting of a nitrogenous base, a sugar, and one or more phosphate groups.

DNA Replication

The process by which a cell duplicates its DNA, ensuring each new cell receives an exact copy.