When a Demand Curve Is Price Inelastic

question 58

Multiple Choice

When a demand curve is price inelastic

• A) a reduction in price increases the amount spent on the good.
• B) the quantity demanded will increase even if price remains constant.
• C) a 1 percent increase in price will result in a less than 1 percent decrease in the quantity demanded.
• D) the change in quantity will always be greater than the change in price.
• E) demand must be falling.

---

Definitions:

Motor Starters

Devices engineered to control the electrical current for starting and stopping motors to protect them from damage.

Contactor Unit

A contactor unit is an electromechanical switch used for switching an electrical power circuit, similar to a relay but with higher current ratings.

Overload Unit

An overload unit is a device or component in an electric motor or circuit designed to protect against excessive current load that could cause overheating or damage.

MCC Bucket

A modular unit within a motor control center that houses the control and protection devices for a single motor, such as circuit breakers, contactors, and overload relays.