If the Elasticity of Demand for Good a Is -3,a

question 35

Multiple Choice

If the elasticity of demand for Good A is -3,a 33% decrease in quantity demanded of Good A results from a(n) ________ in the price of Good A.

• A) 99% decrease
• B) 99% increase
• C) 11% decrease
• D) 11% increase
• E) 33% decrease

---

Definitions:

Autonomy

The capacity and right of individuals or communities to self-govern and make decisions independent of external control.

Deskilling

Refers to the process by which work tasks are broken into simple routines requiring little training to perform. Deskilling is usually accompanied by the use of machinery to replace labor wherever possible and increased management control over workers.

Complex Tasks

Activities or problems that require a high level of cognitive processing, involving multiple steps, decision making, or the integration of various skills and knowledge.

Simple Routines

Basic, repeatable actions or practices that individuals regularly follow in their daily lives.