If the Supply of a Good Is Relatively Elastic,changing the Price

question 39

Multiple Choice

If the supply of a good is relatively elastic,changing the price causes

• A) a relatively large change in the amount that consumers want to buy.
• B) a relatively large change in the amount that sellers want to sell.
• C) a relatively small change in the amount that sellers want to sell.
• D) a relatively small change in the amount that buyers want to buy.

---

Definitions:

Action Query

In database management, it refers to a query (a request for data retrieval) that executes actions on the data such as inserting, updating, or deleting records.

Find Duplicates

A feature in software applications that identifies and displays repeated elements or data within a dataset.

Duplicate Records

Identical entries within a database or dataset that often need to be identified and merged or removed to ensure data integrity.

Query Wizard

A tool within database software that guides users through the process of creating complex database queries without requiring advanced knowledge of database languages.