Suppose Demand Can Be Written As $\mathrm { P } = 5$

question 4

Multiple Choice

Suppose demand can be written as $\mathrm { P } = 5$ .The elasticity of demand is

• A)increasing as price rises.
• B)decreasing as price rises.
• C)constant regardless of prices and perfectly elastic.
• D)constant regardless of prices and unit elastic.

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Definitions:

Fish

Aquatic vertebrate animals that are typically ectothermic (cold-blooded), have gills, and usually possess fins.

Cortical Space

Refers to the areas within the brain's cortex involved in various cognitive and sensory processes.

Paws

The feet of an animal that have claws or nails, often referring to those of domestic pets like cats and dogs.

Raccoons

Medium-sized, nocturnal mammals with a distinctive "masked" face, known for their intelligence and dexterity, often observed in urban and wild environments.