On a Linear Demand Curve,the Price Elasticity of Demand at Very

question 185

Multiple Choice

On a linear demand curve,the price elasticity of demand at very high prices will be:

• A)price-inelastic.
• B)price-elastic.
• C)price unit-elastic.
• D)perfectly price-inelastic.

---

Definitions:

Insight Therapies

A category of psychotherapies that aim to improve mental health by enhancing self-awareness and understanding of one's thoughts, feelings, and behaviors.

Cognitive and Cognitive-Behavioral

Relating to mental processes such as perception, memory, and reasoning, and a therapeutic approach that focuses on changing dysfunctional thoughts and behaviors.

Treating Disorders

The process of diagnosing and providing therapeutic interventions for individuals suffering from mental, behavioral, or physical disorders.

Depression

A mental health disorder characterized by persistent sadness, lack of interest in activities, and can significantly impact daily functioning.