If the Absolute Value of the Percentage Change in Quantity

question 21

Multiple Choice

If the absolute value of the percentage change in quantity demanded is smaller than the absolute value of the percentage change in price,demand is classified as being

• A) inelastic.
• B) perfectly inelastic.
• C) unit-elastic.
• D) perfectly elastic.
• E) elastic.

---

Definitions:

Sperm and Ovum

The male and female gametes, respectively, whose union during fertilization results in the formation of a zygote, leading to pregnancy.

Zygote

The single cell formed from the union of two gametes, a sperm and an ovum.

Fraternal Twins

Siblings born at the same time from two separate eggs fertilized by different sperm cells, resulting in genetically unique individuals.

Sound Waves

Vibrations that travel through the air or another medium, which can be heard when they reach a person or animal's ear.