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.

Claude Bernard was a French physiologist, who first recognised plant stomata opening and closing to maintain homeostasis.

Secondary market refers to market where securities are traded after being initially offered to the public in the primary market and/or listed on the stock exchange.

Chemically marble is known as Calcareous rock as it is composed of carbonate minerals like calcite or dolomite.

IRQ-0 is the system timer commonly use in all computers. In a computer, IRQ is an interrupt request which acts as a hardware signal sent to the processor that temporarily stops a running program and allows a special program, an interrupt handler, to run instead.

A gamma ray or gamma radiation, is a penetrating electromagnetic radiation arising from the radioactive decay of atomic nuclei. It consists of the shortest wavelength electromagnetic waves and so imparts the highest photon energy.

Gamma rays are emanations that have neither mass nor charge.

In 37 BC, Octavian became the most powerful man in the Roman Empire for 44 years under the titles of Augustus, which meant 'holy' and imperator, meaning 'Victorious general'. He also called himself Princeps, 'first citizen of the state'. The period of Roman history beginning with his rule upto A.D 284 is called the principate. His rule and the period following it were  peaceful and  are known in history as 'Pax Romana' which means 'Roman Peace'