If the Price Elasticity of Supply Is 0

question 18

Multiple Choice

If the price elasticity of supply is 0.75, then when the price of Good Y falls by 10 percent:

• A) the quantity supplied of Good X rises by 7.5 percent.
• B) the quantity supplied of Good X rises by 133 percent.
• C) the quantity supplied of Good X falls by 7.5 percent.
• D) the quantity supplied of Good X falls by 133 percent.

---

Definitions:

Domestic Violence

Physical, sexual, psychological, or emotional abuse by one person against another within a domestic setting, such as in marriage or cohabitation.

Underreported

Referring to incidents or issues that are not fully or adequately reported or disclosed.

Weapons Effect

The increase in aggression that occurs as a result of the mere presence of a weapon.

Consciously Aware

The state of being fully alert, informed, and attentive to one's surroundings or internal states.