The Demand for Items on Which We Spend a Large

question 1

Multiple Choice

The demand for items on which we spend a large percentage of our income

• A)will be perfectly inelastic.
• B)will tend to be elastic.
• C)will tend to be inelastic.
• D)will be perfectly elastic.

---

Definitions:

Hyperactivity

A condition characterized by excessive movement, impulsivity, and difficulty maintaining attention.

Bipolar

A mental health condition characterized by significant mood swings, including manic (high) and depressive (low) episodes.

Mania

A state of abnormally elevated or irritable mood, arousal, and energy levels, often associated with bipolar disorder.

Affective Disorder

A classification of mental health disorders primarily affecting mood, such as depression or bipolar disorder.