When Calculating Price Elasticity of Demand,if the Numerator Is Positive,the

question 111

Multiple Choice

When calculating price elasticity of demand,if the numerator is positive,the denominator is:

• A)always greater than one.
• B)always greater than zero.
• C)sometimes positive and sometimes negative.
• D)always less than zero.

---

Definitions:

Administrative Tribunal

A specialized governmental body designed to make legal decisions in various administrative matters, such as disputes between the public and governmental agencies.

Minor Theft

The act of stealing items of relatively low value, considered less severe than grand theft.

Licence Or Registration

Required legal permissions or enrollments necessary to legally operate a vehicle, conduct a particular profession, or own a certain type of property.

Administrative Agency

A government body responsible for implementing and enforcing specific laws, often possessing legislative, executive, and judicial powers.