When the Percentage Change in the Quantity Demanded Is Less

question 283

Multiple Choice

When the percentage change in the quantity demanded is less than the percentage change in price,then demand is

• A) inelastic.
• B) unit elastic.
• C) elastic.
• D) irrelevant.
• E) undefined.

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Definitions:

Sewage Treatment

The process of removing contaminants from wastewater, primarily from household sewage, to produce an environmentally safe fluid waste stream.

Primary And Secondary

Terms used to distinguish between initial (primary) and subsequent (secondary) stages or categories in various contexts, such as production processes, pollutants, or levels of education.

Sewage Treatment

The process of removing contaminants from wastewater, primarily from household sewage, to produce an effluent that is suitable for discharge or reuse.

Suspended Solids

Particles that are not dissolved in liquid, floating or suspended in water or another liquid.