If the Price Elasticity of Demand for a Good Is

question 41

Multiple Choice

If the price elasticity of demand for a good is 5,then a 10 percent increase in price results in a

• A)0.5 percent decrease in the quantity demanded.
• B)2 percent decrease in the quantity demanded.
• C)5 percent decrease in the quantity demanded.
• D)50 percent decrease in the quantity demanded.

---

Definitions:

R

Often used as a symbol for resistance in electrical circuits, measured in ohms (Ω).

Phase Angle

The measure of the difference in phase between two sinusoidal waveforms, which can affect how circuit components like capacitors and inductors respond to AC power.

Total Current

The sum of all electrical currents flowing through a circuit or system.

Applied Voltage

The voltage that is applied to an electrical device or component, influencing its operation or behavior.