Which of the Following Statements Would You Expect to Be

question 99

Multiple Choice

Which of the following statements would you expect to be true about the demand elasticities for cornflakes and food?

• A) Compared with food, cornflakes has a lower price elasticity of demand because it is specifically defined.
• B) Food has a lower price elasticity of demand than cornflakes because it is more broadly defined.
• C) Food has a higher price elasticity of demand because it is a necessity.
• D) Because cornflakes is food, cornflakes would have the same price elasticity of demand as food.
• E) Because cornflakes is food, but not all food is cornflakes, cornflakes would have a lower price elasticity of demand.

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Definitions:

Sleep

A naturally recurring state of rest for the mind and body, characterized by altered consciousness, relatively inhibited sensory activity, and inhibition of nearly all voluntary muscles.

REM Sleep

A phase of sleep characterized by Rapid Eye Movement, during which the brain is highly active and dreams occur.

Nightmares

Distressing dreams that cause the sleeper to feel a range of uncomfortable emotions, such as fear or horror, upon waking.

Sleep Apnea

A sleep disorder characterized by pauses in breathing or periods of shallow breathing during sleep.