A Craze for Apples in Riverdale Increases the Quantity Demanded

question 52

Multiple Choice

A craze for apples in Riverdale increases the quantity demanded at every price by five bushels.Between any two prices, the new demand curve will be ____ the old demand curve.

• A)more elastic than
• B)less elastic than
• C)equal in elasticity to
• D)More information is needed to predict the relationship.

---

Definitions:

Instance Variable

A distinctive variable within a class, providing each instantiated object of that class with its own individual copy.

Class Constructor

A special method in object-oriented programming used to initialize a newly created object with default or provided values.

Runtime System

The software infrastructure that executes and manages programs written in a certain programming language while they are running.

Java Program

A set of instructions written in the Java programming language that can be executed by a Java Virtual Machine (JVM).