If the Demand for a Product That Labor Produces Is

question 57

Multiple Choice

If the demand for a product that labor produces is highly elastic, a small percentage increase in price will __________ quantity demanded of the product by a relatively __________ percentage, which, in turn, will __________ the demand for the labor that produces the product.

• A)increase; small; slightly reduce
• B)decrease; small; greatly increase
• C)decrease; large; greatly increase
• D)decrease; large; greatly reduce
• E)increase; large; greatly reduce

---

Definitions:

Antidepressant Drugs

Medications prescribed to alleviate symptoms of depression by adjusting the balance of neurotransmitters in the brain.

Sodium Ions

Positively charged particles (Na+) essential for various physiological processes in the body, including nerve impulse transmission and muscle contraction.

DNA Molecules

The carriers of genetic information in living organisms, consisting of two long chains of nucleotides twisted into a double helix.

Drug Treatment

Medical care involving the use of medications to treat diseases, manage symptoms, or alleviate psychological disorders.