If Consumer Purchases of a Good Are Highly Sensitive to the Price

question 202

Multiple Choice

If consumer purchases of a good are highly sensitive to the price of the good, this is illustrated by a

• A) demand curve that is relatively flat (more horizontal).
• B) demand curve that is relatively steep (more vertical).
• C) supply curve that is relatively flat (more horizontal).
• D) supply curve that is relatively steep (more vertical).

---

Definitions:

Nonverbal Communication

The transmission of messages or information through gestures, facial expressions, body language, and without the use of verbal language.

Space

The vast, boundless expanse that exists beyond Earth's atmosphere, containing all celestial bodies and matter.

Comfort

A state of physical ease and freedom from pain or constraint; the easing or alleviation of a person's feelings of grief or distress.

External Distractions

Interruptions or stimuli from the environment that divert attention away from a focal task or subject.