If the Price Elasticity of Demand for Tobacco Is 0

question 196

Multiple Choice

If the price elasticity of demand for tobacco is 0.5 and the income elasticity of demand for tobacco is 0.4:

• A)an increase in the price of tobacco will decrease total revenue from sales of tobacco.
• B)a 20% increase in the price of tobacco will decrease the quantity demanded of tobacco by 8%.
• C)tobacco is an inferior good.
• D)a 50% increase in income will increase the quantity demanded of tobacco by 20%.

---

Definitions:

Transsexual

A person who undergoes sex reassignment, which may include surgeries.

Normative Constructions

Socially established norms and expectations that guide behavior and understanding within a society.

Sex and Gender

The distinction between sex, a biological categorization based on reproductive physiology, and gender, a social construct related to roles, behaviors, and identities.

Emphasized Femininity

The normative ideal of femininity, based on women’s compliance with their subordination to men.