A Relatively Small Percentage Change in the Price of a Computer

question 56

Multiple Choice

A relatively small percentage change in the price of a computer results in large percentage changes in the number of units purchased for a retailer.The price elasticity of demand for computers can be described as ________.

• A) price elastic
• B) unitary elasticity
• C) price inelastic
• D) low

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Definitions:

Auscultate

The act of listening to the internal sounds of the body, typically using a stethoscope, as part of a medical examination.

Stethoscope Endpiece

The part of a stethoscope that is placed against the patient's skin to listen to internal body sounds, such as heartbeats and breathing.

Bell Side

The larger, concave side of a stethoscope used for listening to lower-pitched sounds in the body such as heart murmurs.

Percussing Over Liver

The act of tapping on the skin overlying the liver to assess its size and density, part of a physical examination to detect liver abnormalities.