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If Demand for Athletic Shoes Is Elastic,consumers Will Not Change

question 135

True/False

If demand for athletic shoes is elastic,consumers will not change their purchasing habits greatly when the price of athletic shoes changes.


Definitions:

Aldol Reaction

A chemical reaction between aldehydes or ketones, catalyzed by a base, leading to β-hydroxyaldehydes or β-hydroxyketones.

Crossed-aldol Product

The product resulting from an aldol reaction between two different aldehyde or ketone reactants, occasionally leading to complex mixtures.

2,2-dimethylpropanal

A chemical compound, specifically an aldehyde, characterized by the presence of two methyl groups attached to the second carbon in a propane chain.

Propanal

An organic compound with the formula CH3CH2CHO, a type of aldehyde that is used as an intermediate in organic synthesis.

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