If Demand Is Elastic

question 35

Multiple Choice

If demand is elastic,

• A)then it changes very little in response to a price change.
• B)then it changes significantly in response to a price change.
• C)then demand is zero.
• D)then demand is infinite.

---

Definitions:

Verbal Requests

Expressions or appeals made using spoken words to solicit an action or response from others.

Persuasion

The process aimed at changing a person's (or a group's) attitude or behavior towards some event, idea, object, or other person(s), through the use of written or spoken words to convey information, feelings, or reasoning.

Gender Schema Theory

A theory suggesting that individuals learn about gender roles and develop gender-based beliefs by observing and internalizing societal expectations.

Gender Constancy

The understanding that a person's gender remains the same even if outward appearances or roles change, typically developed by age 6 or 7.