If, for a Given Percentage Increase in Price, Quantity Demanded

question 28

Multiple Choice

If, for a given percentage increase in price, quantity demanded falls by a proportionately smaller percentage, then demand is

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

---

Definitions:

Female Involvement

The participation or inclusion of women in various sectors, activities, or processes, often emphasizing their role in areas where they have been historically underrepresented.

Upper South

A region in the United States that traditionally includes states like Virginia, North Carolina, and Tennessee, known for its historical role in the Civil War and as a part of the broader southern culture.

Emancipated

Freed from legal, social, or political restrictions; often used in historical context to describe the liberation of slaves.

Religious Toleration

Religious toleration refers to the acceptance and allowance of different religious beliefs and practices without persecution.