If the Price Elasticity of DVD Recorders Is-0

question 65

Multiple Choice

If the price elasticity of DVD recorders is-0.3 and price increases 20%,what happens to the quantity of DVD recorders demanded?

• A)quantity decreases by 26%
• B)quantity decreases by 6%
• C)quantity increases by 15%
• D)quantity increases by 21%

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Definitions:

DNA Replication

The procedure through which a double-stranded DNA molecule duplicates, resulting in two identical DNA molecules.

Interphase

The phase of the cell cycle in which a cell spends most of its life, preparing for cell division by replicating its DNA and increasing in size.

Cytoplasm Divides

The process during cell division where the cytoplasm of a parent cell is split and distributed into two new daughter cells.

Contractile Ring

A structure made of actin filaments that constricts the cytoplasm during cell division, leading to cytokinesis.