To Keep the Percentage Change in Quantity Demanded Equally Proportional

question 54

Multiple Choice

To keep the percentage change in quantity demanded equally proportional to the percentage change in price when the prices rise by 5%,a consumer would need to ________ quantity demanded by ________.

• A) increase; 5%
• B) decrease; 5%
• C) increase; 10%
• D) decrease; 10%
• E) increase; 2%

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Definitions:

Civil Rights Act of 1964

A landmark piece of legislation in the United States that outlawed discrimination based on race, color, religion, sex, or national origin.

Barry Goldwater

An American politician and a five-term U.S. Senator from Arizona known for his conservative political stance and his 1964 candidacy for President.

Watts Race Riot

A violent disturbance that took place in the Watts neighborhood of Los Angeles in 1965, illustrating tensions between African American residents and the police.

Lack of Opportunity

A situation where individuals or groups have limited options or chances for advancement and success.