Questions

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.

Sugar is a component of Carbohydrates.

Metabolism is the set of life-sustaining chemical transformations within the cells of organisms. The three main purposes of metabolism are the conversion of food/fuel to energy to run cellular processes, the conversion of food/fuel to building blocks for proteins, lipids, nucleic acids, and some carbohydrates, and the elimination of nitrogenous wastes.

Younger people have faster metabolism than adults. Hence, the given statement 'Younger people generally have a slower metabolism than adults' is FALSE.

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Andhra Pradesh's TDP - Telugu Desam Party, today i.e on 16th March 2018 quit the NDA government at the Centre a week after two of its ministers resigned from the Union cabinet over the issue of special status for Andhra Pradesh.

William James was an early proponent of functionalism.