The Long-Run Price Elasticity of Demand for a Good Is

question 91

Multiple Choice

The long-run price elasticity of demand for a good is

• A)zero
• B)smaller (in absolute value)than the short-run price elasticity
• C)larger (in absolute value)than the short-run price elasticity
• D)infinite
• E)the same as the short-run elasticity

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Definitions:

Erectors

Refers to erector spinae, a group of muscles and tendons that straighten and rotate the back.

Skeletal Muscles

Muscles attached to bones that are responsible for movement of the body and maintenance of posture.

Involuntary Muscles

Muscles that operate without conscious control, such as those found in the heart and digestive tract.

Eccentric Contraction

A type of muscle contraction that occurs as the muscle lengthens while it is under tension, such as lowering a weight.