The Larger the Proportion of Income Spent on a Product

question 91

Multiple Choice

The larger the proportion of income spent on a product, other things equal, what is indicated?

• A) The consumer's demand is more inelastic.
• B) The consumer's demand curve is more vertical.
• C) The consumer's demand is more elastic.
• D) The consumer's demand is more unit elastic.

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Definitions:

Brutality

Savage physical violence; excessive or cruel force.

Position Of Attention

A military posture where one stands straight with feet together and hands at the sides, used to show respect or readiness.

Military Movements

The strategic deployment and relocation of armed forces and their equipment within or between areas of operations.

Heels Together

"Heels together" refers to a position where the heels of both feet are placed directly next to each other, often used in dance, martial arts, or military parade.