The Demand Curve for Microwave Popcorn Is Linear

question 435

Multiple Choice

The demand curve for microwave popcorn is linear. Which of the following definitely makes the demand for microwave popcorn more inelastic?

• A) a decrease in the price of microwave popcorn
• B) an increase in the price of microwave popcorn
• C) an increase in income
• D) a decrease in income

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Definitions:

Instinct

Innate drive or impulse, genetically transmitted.

Attachments

Emotional bonds formed between individuals, crucial for personal development and influencing later relationships.

Reconciliation

The process of restoring friendly relations or making one's beliefs or actions consistent with another.

Checking Account

A checking account is a bank account that allows for easy access to funds, including deposits and withdrawals, usually without limits on the number of transactions.