Suppose That Quantity Demand Falls by 30% as a Result

question 192

Multiple Choice

Suppose that quantity demand falls by 30% as a result of a 5% increase in price.The price elasticity of demand for this good is

• A)inelastic and equal to 6.
• B)elastic and equal to 6.
• C)inelastic and equal to 0.17.
• D)elastic and equal to 0.17.

---

Definitions:

Electronic Abuse

The use of electronic devices and platforms, such as the internet and mobile phones, to harass, bully, or intimidate someone.

Work-Family Conflict

A form of tension that arises when the demands of work interfere with the demands of family life, or vice versa.

Police Detectives

Law enforcement officers who investigate crimes and gather evidence to support criminal prosecutions.

Family Doctors

Primary care physicians who provide comprehensive health care to individuals and families across all ages, genders, diseases, and parts of the body.