If the Price of Electronic Readers Falls 6 Percent and Quantity

question 245

Multiple Choice

If the price of electronic readers falls 6 percent and quantity demanded rises by 9 percent, the elasticity of demand is ______ in absolute value, so demand is ______.

• A) 3.0, elastic
• B) 15; inelastic
• C) 0.67; inelastic
• D) 1.5; elastic

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Definitions:

Prostatectomy

Surgical removal of all or part of the prostate gland.

Hypospadias

A birth defect in males where the opening of the urethra is not located at the tip of the penis.

Congenital Defect

A physical or biochemical abnormality that is present from birth and can result in physical or mental disability.

Vas Deferens

The duct that conveys sperm from the testicle to the urethra.