In Which of the Following Situations Would the Seller(s) Be

question 35

Multiple Choice

In which of the following situations would the seller(s) be most likely to face a "kinked" demand curve?

• A) A medium-sized airport with one gift shop.
• B) A small town--some distance from any others--with three "off brand" gasoline stations at the major intersection.
• C) Men's clothing stores in downtown Las Vegas.
• D) A small community with one electric power company.
• E) A farmers' market with one farmer selling honey.

---

Definitions:

Dissociative Disorder

A psychiatric disorder characterized by a disruption and inconsistency in one's thoughts, memories, environment, behaviors, and self-perception.

Bipolar Disorder

A disorder of mental health distinguished by pronounced changes in mood, alternating between periods of extreme happiness (mania or hypomania) and deep sadness (depression).

Passive-Aggressive Personality

A personality type that avoids direct confrontation but expresses hostility or resentment in subtle, indirect ways.

Phobic Disorder

A type of anxiety disorder characterized by an excessive and irrational fear of an object, situation, or activity.