If the Value of the Price Elasticity of Demand Is

question 120

Multiple Choice

If the value of the price elasticity of demand is 0.6, demand is said to be

• A) inelastic.
• B) partially inelastic.
• C) somewhat inelastic.
• D) partially elastic.
• E) elastic.

---

Definitions:

Apples

A fruit produced by an apple tree, broadly consumed worldwide and available in many varieties.

Pomegranates

Fruits with a tough outer skin and a multitude of edible seeds inside, known for their sweet and tart flavor and health benefits.

Aging

The process of becoming older or more mature, often referring to the biological and social changes that occur over time in living organisms.

Asparagus

A spring vegetable known for its slender spears, considered a delicacy in many cuisines around the world.