Which of the Following Is an Example of an Open-End

question 1

Multiple Choice

Which of the following is an example of an open-end question?

• A) How is voting going to help the nation?
• B) Do you like driving on the highway?
• C) How many children do you have?
• D) Would you like to try a sample?
• E) Are your friends in town?

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Definitions:

Elastic

Elastic refers to the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.

Price Elasticity

Price elasticity refers to the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.

Demand Schedule

A chart displaying the amounts of a product or service that buyers are ready and capable of purchasing at different price levels.

Relatively Inelastic

Describes a situation where the quantity demanded or supplied changes by a smaller percentage than the percentage change in price.