Refer to Figure 20

question 51

Multiple Choice

Refer to Figure 20.2. Comparing the price elasticity of demand at points A and C, we can say that

• A) The elasticities are the same because the points are on the same demand curve.
• B) Point A has a greater price elasticity of demand.
• C) Point C has a greater price elasticity of demand.
• D) Demand elasticity is indeterminate because specific price data are not given.

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Definitions:

Electrons

Negatively charged subatomic particles that orbit the nucleus of an atom, involved in chemical bonds and electricity.

Transferred

Moved or shifted from one place, person, or thing to another.

Proton

Positively charged particle in the nuclei of atoms.

Electric Charge

A physical property of matter that causes it to experience a force when placed in an electromagnetic field.