Isoelastic Demand Means That

question 46

Multiple Choice

Isoelastic demand means that:

• A) the elasticity of demand is equal to -1.
• B) demand is completely unresponsive to price.
• C) the elasticity is demand is infinite.
• D) the demand function has the same elasticity at every price.

---

Definitions:

Oval Window

A membrane-covered opening that leads from the middle ear to the vestibule of the inner ear, where sound vibrations are transmitted.

Cochlea

A spiral-shaped, fluid-filled organ in the inner ear that is responsible for converting sound vibrations into nerve impulses that the brain can interpret as sound.

Inner Ear

The inner ear is the deepest part of the ear, containing the cochlea, vestibule, and semicircular canals, which are crucial for hearing and balance.

Hertz

The unit of frequency in the International System of Units (SI), defined as one cycle per second.