Which of the Following Does NOT Influence the Price Elasticity

question 187

Multiple Choice

Which of the following does NOT influence the price elasticity of demand?

• A) the amount by which the demand curve shifts when the price of another good changes
• B) the number of substitutes available to consumers
• C) the price of the good relative to total income
• D) the time period buyers have to respond to a price change
• E) whether the good is a necessity or a luxury

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Definitions:

Bronchodilator

A medication that makes breathing easier by relaxing the muscles in the lungs and widening the airways (bronchi).

Corticosteroid

A class of steroid hormones that are produced in the adrenal cortex or made synthetically, used especially as anti-inflammatory and immunosuppressant agents.

Certified Nursing Assistant

A healthcare professional who assists patients with activities of daily living under the supervision of registered nurses or licensed practical nurses.

Suctioning

The process of removing mucus and other secretions from the airway using a vacuum device.