When a 9% Increase in Price Leads to a 6

question 1

True/False

When a 9% increase in price leads to a 6% increase in quantity supplied, supply is relatively inelastic.

---

Definitions:

REM Sleep

A stage of sleep characterized by rapid movement of the eyes, low muscle tone throughout the body, and the propensity of the sleeper to dream vividly.

Sleep Fragmentation

A disturbance of the sleep cycle characterized by frequent awakenings or interruptions of the sleep process.

Osteoarthritis

A degenerative joint disease causing cartilage wear and tear, leading to pain, stiffness, and reduced mobility in affected joints.

Anorexia Nervosa

An eating disorder characterized by an abnormally low body weight, intense fear of gaining weight, and a distorted perception of body weight or shape.