The Larger the Share of a Good in a Consumer's

question 163

Multiple Choice

The larger the share of a good in a consumer's budget, holding everything else constant, the

• A)more price elastic is a consumer's demand.
• B)more vertical is a consumer's demand curve.
• C)more price inelastic is a consumer's demand.
• D)more unit elastic is a consumer's demand.

---

Definitions:

Mode

In statistics, the mode is the value that appears most frequently in a data set.

High Calorie

A description of food or drink that contains a large amount of calories, often leading to increased energy intake.

Weight Distribution

The way in which weight is spread across an object or surface, affecting its balance and stability.

High Calorie

Foods or substances that are dense in calories, often containing a high level of fats, sugars, or both.