If the Quantity of Carrots Demanded Increases by a Small

question 79

Multiple Choice

If the quantity of carrots demanded increases by a small percentage when income increases by a large amount, we know that the demand for carrots is

• A)price elastic.
• B)price inelastic.
• C)income inferior.
• D)income elastic.
• E)income inelastic.

---

Definitions:

Lion

A large, muscular cat known as the "king of beasts" for its strength and majestic appearance, featured widely in art and symbolism.

Commercial Buildings

Structures designed and constructed for business purposes, such as offices, retail stores, and warehouses.

Round Arches

Architectural elements that have a curved, semicircular shape, providing structural support over openings and were widely used in Roman and medieval architecture.

Cast-Iron Interior

Architectural or design elements within a building's interior that use cast iron for structural or decorative purposes, often found in industrial or historical contexts.