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.
Organisms are grouped into phyla based on a general body â¦ plan. For example, the phylum Chordata contains all those animals with a spinal cord. The phylum Arthropoda contains all those animals who are spineless and have an exoskeleton. The level of classification between kingdom and class.