The Elasticity of Demand Is

question 73

Multiple Choice

The elasticity of demand is

• A)measured in money (e.g., dollars).
• B)measured in units of the good (e.g., slices of pizza).
• C)a pure number (e.g. unitless).
• D)measured in money/unit (e.g., 1.50 $/slice of pizza).

---

Definitions:

Alkene

Hydrocarbons containing at least one carbon-to-carbon double bond, characterized by the formula CnH2n.

Products

The substances that result from a chemical reaction, situated on the right side of a chemical equation.

Compound

A substance made up of atoms of two or more different elements chemically bonded together.

KMnO4

Potassium permanganate, a chemical compound used as an oxidizing agent in various chemical reactions.