The More Broadly a Good Is Defined

question 76

Multiple Choice

The more broadly a good is defined

• A)the more substitutes it has, so demand will be more price-elastic
• B)the less substitutes it has, so demand will be more price-elastic
• C)the more substitutes it has, so demand will be less price-elastic
• D)the less substitutes it has, so demand will be less price-elastic
• E)has no effect on the good's price elasticity of demand

---

Definitions:

Postmodern Self-Concept

A perspective on identity that sees the self as fragmented and constructed through various social and cultural discourses rather than a fixed entity.

Homosexuals

Individuals who are romantically or sexually attracted to people of their own sex.

Radical Subversion

The act of overthrowing or undermining established norms, values, or institutions in a fundamental way.

Queer Theory

Queer Theory is a field of critical theory that emerged in the early 1990s, examining and challenging the societal norms regarding gender and sexuality.