If the answer is greater than one, then the demand or supply is elastic, if the answer is less than one then it is considered to be inelastic. â¢ Elastic and inelastic are both economic concepts used to describe changes in the buyerâs and supplierâs behavior in relation to changes in price.
Making the world better, one answer at a time. Kingdom is the biological classification group that has the most organisms..then phylum, class, order, family, genus, species.A way to remember them:King Philip Came Over For Grape Soda.aking the world better, one answer at a time. Kingdom is the biological classification group that has the most organisms..then phylum, class, order, family, genus, species. A way to remember them: King Philip Came Over For Grape Soda.
Historically, kingdom is the highest taxonomic rank, or the most general taxon used in classifying organisms. However, in the new three-domain system introduced by Carl Woese in 1990, the domain is the most general taxon, and kingdom is only next. The five-kingdom taxonomic classification of the world's biota into Kingdom Animalia, Plantae, Fungi, Protista, and Monera as proposed by Robert Whittaker in 1969 has become a popular standard of classifying organisms.