If the Percentage Change in Quantity Demanded of a Good

question 167

Multiple Choice

If the percentage change in quantity demanded of a good is equal to the percentage change in buyer's income, then the good is said to be

• A)income elastic.
• B)income inelastic.
• C)income unit elastic.
• D)price unit elastic.
• E)price inelastic.

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A U.S. federal government program designed to fund the cleanup of sites contaminated with hazardous substances.

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A location that requires removal or treatment of pollution or contaminants from the environment.

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The Comprehensive Environmental Response, Compensation, and Liability Act, a U.S. law designed to facilitate the cleanup of hazardous waste sites and to hold responsible parties accountable for environmental damage.

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