Insensitivity of Demand to Price Changes Is Called

question 60

Multiple Choice

Insensitivity of demand to price changes is called:

• A)price discrimination.
• B)demand inelasticity.
• C)predatory pricing.
• D)peak-load pricing.
• E)collusive pricing.

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Definitions:

Rock Slide

A rapid, downslope movement of rock debris and soil under the force of gravity, often triggered by natural factors like rain or earthquakes.

Debris Avalanche

A rapid and flowing type of mass wasting that involves the sudden downward and outward movement of soil, rock, and organic matter.

Debris Flow

A type of fast-moving landslide consisting of a mixture of water, soil, rock, and organic matter, flowing down slopes and channels.

Rock Slide

A rock slide is a type of landslide involving the movement of rock, soil, and debris down a slope, often triggered by factors like water saturation, erosion, or seismic activity.