Statement I: Over Time the Demand for Most Goods Becomes

question 231

Multiple Choice

Statement I: Over time the demand for most goods becomes more elastic.
Statement II: The more uses a product has,the less elastic its demand.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

---

Definitions:

U.S. Government

The federal government of the United States, consisting of three branches: executive, legislative, and judicial.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Workplace

The physical or virtual location where individuals perform their job duties.

Gordon Allport

An influential psychologist known for his work on personality traits and the psychology of the individual.