-The Demand Curve Shown in the Figure Above Is ________

question 55

Multiple Choice

-The demand curve shown in the figure above is ________ over the price range from $95 to $105 per trip.

• A) perfectly elastic
• B) perfectly inelastic
• C) unit elastic
• D) elastic but not perfectly elastic
• E) inelastic but not perfectly inelastic

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Definitions:

Punctual

The quality of being on time to appointments or obligations, reflecting a respect for other people's time as well as one's own.

Five-Factor Model

A theory identifying five primary dimensions of personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Conscientiousness

A personality trait characterized by thoroughness, carefulness, and the desire to do a task well.

Dependable

Capable of being relied on; trustworthy and consistent in performance or behavior.