For a Good That Is a Necessity

question 130

Multiple Choice

For a good that is a necessity,

• A)quantity demanded tends to respond substantially to a change in price.
• B)demand tends to be inelastic.
• C)the law of demand does not apply.
• D)All of the above are correct.

---

Definitions:

Style of Reaction

The individual manner in which a person responds to stimuli or situations, often linked to temperament or personality.

Inherent Responding

The natural or instinctive reactions and responses that are built-in or innate to an organism, not learned through experience.

Difficult Temperament

A behavioral profile observed in infants and children characterized by high levels of irritability, difficulty adjusting to new situations, and irregular bodily functions.

Irregular Sleep

A pattern of sleeping where the timing, duration, or quality of sleep varies significantly and inconsistently night to night.