For a Particular Good, a 12 Percent Increase in Price

question 172

Multiple Choice

For a particular good, a 12 percent increase in price causes a 3 percent decrease in quantity demanded. Which of the following statements is most likely applicable to this good?

• A)There are many substitutes for this good.
• B)The good is a necessity.
• C)The market for the good is narrowly defined.
• D)The relevant time horizon is long.

Appreciate the complexities involved in measuring race and its implications for health research.

Comprehend the importance of the ethical principle of autonomy in research.

Understand the importance of cultural competency in helping professions.

Identify the ethical principles guiding the helping professions, including nonmaleficence and confidentiality.

---

Definitions:

Parotid Gland

The largest of the salivary glands, located near the ear, responsible for producing saliva to aid in digestion.

Cervical Lymph Nodes

Small, bean-shaped glands located in the neck area that are part of the lymphatic system, playing a role in the body's immune response.

Positive Romberg Sign

A sign of neurological dysfunction where a person sways or falls when standing with feet together and eyes closed, indicating proprioceptive or vestibular impairment.

Sternomastoid

A major muscle in the neck that runs from the sternum and clavicle to the mastoid process of the temporal bone, involved in head movement and rotation.