If the Percentage Change in Quantity Is Less Than the Percentage

question 241

True/False

If the percentage change in quantity is less than the percentage change in price, demand is said to be price inelastic.

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Definitions:

Antiaromatic

Compounds that have conjugated pi systems but do not obey Huckel's rule, leading to instability.

Nonaromatic

A term describing organic compounds that do not contain a conjugated system of pi electrons in a ring, thus not meeting the criteria for aromaticity.

Aromatic

Refers to compounds that contain a ring of continuously overlapping p-orbitals, displaying enhanced stability as seen in benzene.

Nonaromatic

Refers to organic compounds that do not fulfill the criteria for aromaticity, lacking a conjugated system of pi electrons.