Refer to the Table Shown to Answer the Question A) Elastic

question 99

Multiple Choice

Refer to the table shown to answer the question. Between $2.20 and $2.40, demand is: $$\begin{array} { | c | c | } \hline \text { Price } & \text { Qu.ntity Demanded } \\\hline \$ 1.60 & 130 \\\hline \$ 1.80 & 120 \\\hline \$ 2.00 & 110 \\\hline \$ 2.20 & 100 \\\hline \$ 2.40 & 90 \\\hline \$ 2.60 & 80 \\\hline\end{array}$$

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

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Definitions:

Address

A specific location in memory where data or instructions are stored.

Pointer Variable

A variable that stores the memory address of another variable rather than a data value itself.

Indirect Addressing

Indirect addressing refers to accessing data by using a pointer or address that points to the location of the actual data in memory.

Called Function

A function that is invoked by another function during the execution of a program.