The Demand for a Good Is Said to Be _____

question 71

Multiple Choice

The demand for a good is said to be _____ when the percentage change in quantity demanded is greater than the percentage change in price.

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

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Definitions:

Auditory Ossicles

Three small bones in the middle ear known as the malleus, incus, and stapes, which transmit sound vibrations from the eardrum to the inner ear.

Eardrum

Also known as the tympanic membrane, it vibrates in response to sound waves and is a key component of the middle ear.

Temporal Bone

A bone of the skull situated at the sides and base of the cranium, surrounding the ear canal.

Endolymph

A fluid within the inner ear that plays a key role in hearing and balance, found within the labyrinth.