Demand Is Said to Be ____ When the Quantity Demanded

question 8

Multiple Choice

Demand is said to be ____ when the quantity demanded is very responsive to changes in price.

• A)​independent
• B)​inelastic
• C)​unit elastic
• D)​elastic

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Definitions:

Salty Tastes

Pertains to one of the basic tastes, recognized by the presence of sodium ions, typically experienced from eating foods with salt.

Sweet Tastes

One of the basic tastes, perceived by the taste buds on the tongue, often associated with foods rich in sugars.

Genetic Makeup

The unique set of genes and alleles present in an organism, determining its hereditary characteristics.

Psychological

Psychological pertains to the mind or mental processes and how they influence behavior, emotions, and attitudes.