If the Price Elasticity of Demand Is 0

question 59

Multiple Choice

If the price elasticity of demand is 0.6,then a 10 percent increase in the price of the good will lead to a ________ in the quantity demanded.

• A)6 percent increase
• B)6 percent decrease
• C)0.6 percent increase.

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Definitions:

Martin Luther King Jr.

An influential leader in the American civil rights movement, known for his use of nonviolent civil disobedience to combat racial inequality.

Black Schoolchildren

African American youth attending school, historically subjected to segregation and inequality in education, particularly in the United States.

Civil Rights Movement

A historical struggle, primarily during the 1950s and 1960s, aimed at ending segregation and discrimination against African Americans and securing legal recognition of their rights.

Birmingham

A city in Alabama, USA, that was a focal point for the civil rights movement in the 1960s, notably for the violent responses to peaceful protests.