If the Price Elasticity of Demand for Razors Is 0

question 79

Multiple Choice

If the price elasticity of demand for razors is 0.32,the demand for razors is

• A) elastic.
• B) unit elastic.
• C) inelastic.
• D) perfectly inelastic.
• E) perfectly elastic.

---

Definitions:

Driving Aggressively

Operating a vehicle in a bold, competitive, or hazardous manner, often risking safety.

Alcohol

A psychoactive substance found in drinks such as beer, wine, and spirits, known chemically as ethanol, which can alter mood and behavior.

Deindividuated

A state where individuals in a group lose their sense of self-awareness and feel less accountable for their actions, often leading to atypical behavior.

Costume Party

A social gathering where individuals wear costumes and often masks to assume a specific character or identity for entertainment.