For Demand to Be Inelastic

question 46

Multiple Choice

For demand to be inelastic,

• A)the percentage change in quantity demanded must be equal to the associated percentage change in price.
• B)demand must change with a change in price.
• C)the percentage change in quantity demanded must be less than the associated percentage change in price.
• D)quantity demanded must change with a change in price.
• E)the percentage change in quantity demanded must be greater than the associated percentage change in price.

---

Definitions:

Gas Main

The primary pipeline through which natural gas is transported to residential, commercial, or industrial premises.

Legislation

Laws that have been promulgated (enacted) by a government body.

Attached

Connected or linked to something in a legal, financial, or emotional manner.

Title Transfer

The legal process of changing the ownership of a property from one person or entity to another, typically involving the execution of a deed or similar document.