As One Moves Down Along a Linear Demand Curve (I

question 161

Multiple Choice

As one moves down along a linear demand curve (i.e. ,from high-price,low-quantity combinations to low-price,high-quantity combinations) ,the price elasticity of demand becomes

• A) more elastic.
• B) larger.
• C) negative.
• D) remains constant.
• E) more inelastic.

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Definitions:

Sex/Gender Distinction

The differentiation between 'sex', typically referring to biological differences, and 'gender', which refers to the roles, behaviors, activities, and attributes that a given society considers appropriate for men and women.

Binary Construction

A conceptual framework that divides things into two mutually exclusive categories, often used to describe simplified distinctions in society, such as male/female or right/wrong.

Egalitarian

Pertaining to the principle that all people are equal and deserve equal rights and opportunities.

False Dichotomy

A logical fallacy that presents two opposing options as the only possibilities, when in fact more options exist.