Because the Demand Curve Is Downward Sloping, the Elasticity of Demand

question 124

Multiple Choice

Because the demand curve is downward sloping, the elasticity of demand is

• A)positive.
• B)negative (however, the negative sign is assumed and therefore ignored).
• C)zero.
• D)decreases from positive to negative.

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Definitions:

Shift Worker

A person who works a work schedule outside the traditional 9 am to 5 pm due to the needs of the employer.

Circadian Rhythm

The natural, internal process that regulates the sleep-wake cycle and repeats roughly every 24 hours, affecting various biological functions.

Advanced Sleep Phase Syndrome

A circadian rhythm sleep disorder where individuals feel the need to sleep much earlier than the conventional bedtime and wake up earlier.

Elder Sleep Phase Syndrome

A disorder characterized by advanced sleep timing, where individuals feel the need to go to sleep early in the evening and wake up unusually early.