If the Percentage Change in Quantity Demanded Is Equal to the Percentage

question 168

Multiple Choice

If the percentage change in quantity demanded is equal to the percentage change in price,demand is

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

---

Definitions:

Business Audiences

Groups of individuals in a professional setting who are the intended recipients of a particular message or information.

Complex Sentences

Sentences that contain one independent clause and at least one dependent clause, used to express detailed or nuanced ideas.

Long

Descriptive of something with a great length or duration, extending far from end to end.

Dangling Modifier

A word or phrase that modifies a word not clearly stated in the sentence, often leading to confusing and grammatically incorrect sentences.