If Your Demand for Petrol Is Inelastic, When the Price

question 107

Multiple Choice

If your demand for petrol is inelastic, when the price of petrol falls, which of the following occurs?

• A) Your demand curve for petrol will shift rightward.
• B) Your total expenditure on petrol will increase.
• C) Your total expenditure on petrol will decrease.
• D) Your demand curve for petrol will shift leftward.

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Definitions:

Final Stages

The last phases or parts of a process or lifespan, often associated with the conclusion of an event, project, life, etc.

Labor

The process of childbirth, starting with contractions of the uterus and ending with the delivery of the baby and placenta.

Doula

A caregiver who provides continuous physical, emotional, and educational support for the mother before, during, and after childbirth.

Caregiver

An individual who provides care and support to another person, often a child, elderly, or someone with special needs, in various aspects including physical, emotional, and developmental aid.