The Demand for Good a Is Unit Elastic If

question 12

Multiple Choice

The demand for good A is unit elastic if

• A)a 5 percent fall in the price of A results in an infinite increase in the quantity of A demanded.
• B)a 5 percent rise in the price of A results in a 10 percent decrease in the quantity of A demanded.
• C)any increase in the price of A results in a 1 percent decrease in the quantity of A demanded.
• D)a 5 percent rise in the price of A results in no change in the quantity of A demanded.
• E)a 5 percent rise in the price of A results in a 5 percent decrease in the quantity of A demanded.

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Definitions:

Commissural Fibers

Axons that connect the left and right cerebral hemispheres of the brain, facilitating communication between them.

Cerebral Hemisphere

One of the two halves of the brain, either left or right, that control various functions such as speech, movement, and thought.

Falx Cerebri

Dural fold between the two cerebral hemispheres.

Tentorium Cerebelli

A structure of the meninges, consisting of a fold of dura mater separating the cerebrum from the cerebellum.