Price Elasticity of Demand Remains Unit Elastic as You Move

question 43

True/False

Price elasticity of demand remains unit elastic as you move up the demand curve.

---

Definitions:

Biohazardous Container

A container designed for the safe disposal of materials that have been or may have been in contact with pathogens, toxins or other hazardous biological agents.

Secondary Container

A receptacle used to hold or transport hazardous materials, typically inside a primary container for extra safety.

OSHA

The Occupational Safety and Health Administration, a U.S. government agency responsible for ensuring safe and healthy working conditions by enforcing standards and providing training.

Category III

In various contexts, it could refer to a classification level that often denotes a specific set of guidelines, requirements, or intensity.