When Price Elasticity of Demand Is _____, This Tends to Increase

question 92

Multiple Choice

When price elasticity of demand is _____, this tends to increase the portion of the tax paid by buyers.

• A) inelastic
• B) elastic
• C) unit elastic
• D) unchanged

---

Definitions:

Manage Anxiety

Techniques or strategies employed to control feelings of worry and nervousness.

Procedures

Step-by-step instructions designed to perform a specific task or solve a particular problem.

Communication Obstacle

Any barrier that prevents effective exchange of ideas or information between people, such as language differences, cultural misunderstandings, or physical barriers.

Obstacle Explanation

The process of detailing or clarifying the nature, causes, and potential solutions for barriers or challenges faced.