Questions

While eating a watermelon, we all go along the red and stops at green.

In Germany an important system of canals has been built in the low lying land between the Baltic Heights and the mountains in the southern part of the country. The Channels cut by these Ice-age rivers and later abandoned, have made it comparatively easy to join up the present river by canals which assist considerably in the movement of heavy goods in the north German Plain

ATP is a Adenosine Triphosphate.

ATP is 3 Phosphate groups attached to a Ribose attached to Adenine.

If the percent change in quantity demanded is less than the percent change in price, economists label the demand for the good as inelastic.

A good that is inelastic does not have very stretchy demand. In economic terms, the quantity demanded does not change a lot when the price changes.

So, if the price of a good increases by 10 percent and the quantity demanded decreases by only 5 percent or less than 10, that good is said to have inelastic demand.

Hence, in this case, consumers are not considered very sensitive, or responsive, to a change in the price of that good.