If the Elasticity of Demand for a Good Is 0

question 229

Multiple Choice

If the elasticity of demand for a good is 0.2, then the demand for that good is

• A)perfectly elastic.
• B)elastic.
• C)unit elastic.
• D)inelastic.
• E)perfectly inelastic.

---

Definitions:

Id

In psychoanalytic theory, a part of the mind that is the source of instinctual impulses and demands for immediate satisfaction of basic needs.

Ego

The part of the psyche that mediates between the conscious, the unconscious, and reality, functioning in both conscious thought and behavior regulation.

Superego

Part of Freud's psychoanalytic theory, representing the moral component of the personality, which incorporates social standards and values.

Gender Identity

A person's internal sense of being male, female, some combination of male and female, or neither, independent of their biological sex.