If at a Price of $50, Ghani Sells 20 Hand-Made

question 137

Multiple Choice

If at a price of $50, Ghani sells 20 hand-made leather cell-phone covers but at a price of $60, zero units are sold.Based on this information, the demand for his cell-phone covers is

• A)elastic or perfectly inelastic.
• B)elastic or perfectly elastic.
• C)unit elastic.
• D)perfectly inelastic.

---

Definitions:

Everyday Lives

The daily experiences and routines that constitute an individual's normal existence, often studied to understand societal norms and behaviors.

Ethnomethodology

A sociological perspective that examines how people use everyday, commonsense understandings to make sense of life and navigate the social world.

Methods

Systematic approaches or techniques used to conduct research, gather data, or solve problems within various fields of study.

Daily Life

Encompasses the routine activities, habits, and practices that individuals engage in on a day-to-day basis.