The Demand Function for a Certain Brand of Compact Disc

question 102

Multiple Choice

The demand function for a certain brand of compact disc is where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.Compute the elasticity of demand and determine whether the demand is inelastic, unitary, or elastic when x = 13.

• A)unitary
• B)elastic
• C)inelastic

---

Definitions:

Generalized Anxiety Disorder

An anxiety disorder in which a person is continually tense, apprehensive, and in a state of autonomic nervous system arousal.

Autism Spectrum Disorder

A developmental disorder characterized by difficulties with social interaction and communication, and by restricted and repetitive behavior.

Clinician Agreement

The level of consistency or concordance in observations, diagnoses, or treatment decisions between multiple healthcare professionals.

DSM-5 Categories

DSM-5 Categories outline a classification of mental disorders by defining diagnostic criteria and symptoms, as described in the Fifth Edition of the Diagnostic and Statistical Manual of Mental Disorders.