Concept
The visceral layer is the inner layer of a serous membrane, closely enveloping organs and providing a smooth, friction-reducing surface. It plays a crucial role in protecting and supporting internal organs by maintaining a moist environment that facilitates organ movement and function.
Relevant Fields:
Concept
Supply and demand elasticity measures how sensitive the quantity supplied or demanded is to a change in price, with elasticity greater than one indicating high sensitivity and less than one indicating low sensitivity. Understanding elasticity helps businesses and policymakers make informed decisions on pricing, taxation, and resource allocation, critical for market efficiency.
3