When the Percentage Change in Quantity Demanded Is Less Than

question 41

Multiple Choice

When the percentage change in quantity demanded is less than the percentage change in price,ceteris paribus,

• A)Demand is elastic.
• B)Demand is inelastic.
• C)Demand is unitary elastic.
• D)Elasticity is impossible to calculate.

---

Definitions:

Infectious Disease

Illnesses caused by pathogens such as bacteria, viruses, fungi, or parasites, which are contagious.

Microorganisms

Tiny living organisms that can only be seen with the aid of a microscope, including bacteria, viruses, fungi, and protozoa.

Anal Itching

Discomfort or irritation around the anus often caused by infection, skin conditions, or hemorrhoids.

Infestation

The presence of an unusually large number of insects or animals in a place, typically causing damage or disease.