Which of the Following Is a Characteristic of an Item

question 46

Multiple Choice

Which of the following is a characteristic of an item that has price-elastic demand?

• A) A small number of competitors
• B) Many substitutes
• C) A short time period under consideration
• D) A product that accounts for a small percentage of consumers' incomes
• E) A necessity for survival

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Definitions:

Vaginal Muscles

Muscular structures in the vagina that contract and relax to aid in sexual intercourse, childbirth, and menstrual flow.

Braxton-Hicks Contractions

Irregular, usually painless uterine contractions that occur throughout pregnancy, often mistaken for labor pains.

Cervix

The narrow lower end of the uterus, through which a baby passes to reach the vagina.

Pregnancy

The condition or period of being pregnant, involving the development of one or more offspring inside a woman's uterus.