With the Increased Usage of Mobile Services, What Has Happened

question 188

Multiple Choice

With the increased usage of mobile services, what has happened to the price elasticity of demand for landline telephone services?

• A)It has become more price inelastic.
• B)It has become more price elastic.
• C)It has become more income elastic.
• D)The absolute value of the price elasticity coefficient has probably gone down.

---

Definitions:

Tyramine-free Diet

A nutritional regimen that avoids foods high in tyramine to prevent adverse reactions, often recommended for individuals taking certain medications like MAO inhibitors.

Alprazolam (Xanax)

A medication primarily used for the treatment of anxiety and panic disorders, belonging to the class of drugs known as benzodiazepines.

Drowsiness

A state of feeling abnormally sleepy or tired during times when one is expected to be awake and alert.

Obsessive-Compulsive Disorder

A disorder characterized by uncontrollable, recurring thoughts (obsessions) and behaviors (compulsions) that an individual feels the urge to repeat over and over.