Which of the Following Is an Example of Argot

question 16

Multiple Choice

Which of the following is an example of argot?

• A)bloke (meaning man)
• B)smoky (meaning highway patrol)
• C)bad (meaning the best)
• D)lifeboat (meaning a pardon)

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Definitions:

Price Elasticity of Demand

An indicator of the sensitivity of the demand for an item to adjustments in its pricing.

Perfectly Inelastic Demand

Product or resource demand in which price can be of any amount at a particular quantity of the product or resource that is demanded; when the quantity demanded does not respond to a change in price; graphs as a vertical demand curve.

Perfectly Elastic Demand

Product or resource demand in which quantity demanded can be of any amount at a particular product or resource price; graphs as a horizontal demand curve.

Graphed

A method of representing data visually using charts or plots to illustrate relationships between different variables.