The Demand for Shoes Is _____ Price Elastic Than the Demand

question 109

Multiple Choice

The demand for shoes is _____ price elastic than the demand for sneakers because the scope of the market for shoes is _____ broadly defined.

• A) less; less
• B) more; less
• C) less; more
• D) more; more

---

Definitions:

Metric Drum Micrometer

A precision measuring instrument designed specifically for measuring the inside diameter of brake drums using the metric system, ensuring accurate maintenance and repair.

Dial-indicator

A precision tool used to measure small distances or angles accurately, often in machining processes.

Lathe Shaft

A component of a lathe machine which rotates, typically used to hold, drive, or support the workpiece being machined.

Out of Round

A condition where a component, typically a wheel or drum, does not have a perfectly circular shape, affecting performance.