Gabriel's Demand for Chocolate Bars Is Inelastic

question 106

Multiple Choice

Gabriel's demand for chocolate bars is inelastic.If the price of chocolate bars increases,he will ________.

• A) spend the same amount of money on chocolate as before
• B) spend less amount of money on chocolate than before
• C) spend more amount of money on chocolate than before
• D) buy the same number of chocolate bars as before

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Definitions:

Socially Constructed

Pertains to concepts, identities, or values that are created and given meaning through social interactions, norms, and cultural consensus, rather than being inherently natural or biological.

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The cultural heritage or nationality to which an individual belongs, often shared through a common ancestry or traditions.

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A sense of belonging or attachment to a group based on cultural, linguistic, or ancestral traits.

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Indigenous peoples in Canada, including First Nations, Inuit, and Métis, who have unique cultures, languages, and histories.