-Which Statement Is True About the Demand Curve in the Graph

question 173

Multiple Choice

-Which statement is true about the demand curve in the graph above?

• A)Demand is perfectly elastic.
• B)Demand is perfectly inelastic.
• C)Demand is less elastic at point X than at point Y.
• D)Demand is less elastic at point Y than at point X.

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Definitions:

Opposable Thumbs

Thumbs that can be moved to touch the opposite fingers of the hand, a trait allowing for greater manipulation and grasp capability.

Adaptation

The process by which a species becomes better suited to its environment through changes in its characteristics over time.

Stereoscopic Vision

The ability to perceive depth and three-dimensional structure from visual information captured by both eyes.

Primates

An order of mammals that includes humans, apes, monkeys, and prosimians, characterized by large brains, forward-facing eyes, and opposable thumbs.