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A patient needs a specific life-saving medication, and the price increases by 50%. Despite the price hike, they continue purchasing the same amount. What does this say about the price elasticity of demand for this medication?A) ElasticB) Unit elasticC) Highly elasticD) Highly inelastic

A steep demand curve for tacos implies a high degree of elasticity. 

inelastic in demand = steep demand curve

What does price elasticity of demand measure?A) The change in supply when prices riseB) The responsiveness of quantity demanded to a change in priceC) The cost of producing one more unitD) The difference between revenue and profit

If the result of a price elasticity calculation is 2.5, how would this demand be classified?A) InelasticB) Highly elasticC) Unit elasticD) Perfectly elastic

Why is price elasticity of demand usually a negative number?A) Because price and quantity demanded move in opposite directionsB) Because prices are always fallingC) Because quantity demanded is fixedD) Because total revenue always increases

You calculate a price elasticity of demand as 2.1. What does this mean?A) Quantity demanded changes less than priceB) The good is a necessityC) The demand is inelasticD) The demand is elastic and sensitive to price changes

Gasoline prices rise by 40% over a few months, but most drivers continue filling up regularly because they need to get to work. How would you classify the demand for gasoline in the short term?A) Perfectly elasticB) ElasticC) UnitaryD) Inelastic

Secondary spermatocytes and secondary oocytes are

In a Punnett square where are the gametes listed?