Demand Is Unit Elastic When

question 125

Multiple Choice

Demand is unit elastic when

• A)an increase in supply does not change the price of the good.
• B)a decrease in supply raises the price of the good.
• C)a change in price does not change total revenue.
• D)the slope of the demand curve is -1.
• E)the slope of the demand curve is +1.

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Definitions:

Natural Immunity

The inherent ability of an organism to resist certain diseases without the need for vaccinations or immunotherapy.

Skin-To-Skin Contact

Direct physical contact between the skin of two individuals, often used to enhance bonding.

Anaerobes

Microorganisms having the ability to live without oxygen.

Ectoparasites

Organisms that live on the external surface of a host, such as ticks and lice, surviving by feeding on the host's blood or skin.