When the Absolute Percentage Change in Quantity Demanded Is Just

question 139

Multiple Choice

When the absolute percentage change in quantity demanded is just equal to the percentage change in price, demand is

• A) elastic.
• B) perfectly inelastic.
• C) unit-elastic.
• D) relatively inelastic.

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Definitions:

Clear Water Species

Refers to aquatic organisms that thrive in clean, unpolluted water environments, indicating healthy aquatic ecosystems.

Water Pollution

The contamination of water bodies, like lakes, rivers, oceans, and groundwater, caused by pollutants being discharged directly or indirectly into water sources.

Wildlife

refers to wild animals collectively, which live in their natural environment without direct human intervention.

Human Beings

Homo sapiens, the species to which all modern human beings belong and the only member of the genus Homo that is not extinct.