Demand Is Inelastic Only If

question 165

Multiple Choice

Demand is inelastic only if

• A)price elasticity has an absolute value of 1
• B)price elasticity has an absolute value greater than 1
• C)price elasticity has an absolute value less than 1
• D)price elasticity is negative
• E)consumers do not respond to a change in price

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Definitions:

Concentric Zone Theory

A sociological theory posited by Ernest Burgess, which suggests that urban land use is organized in concentric circles expanding from the city center.

Cities Growth

The increase in size, population, and complexity of urban areas, often driven by economic development and migration.

Concentric Circles

A model or pattern consisting of circles sharing the same center, expanding outwardly from a common central point.

Western Sudan

A geographical region of Sudan, often associated with Darfur, known for its complex social, political, and environmental challenges including conflict and displacement.