A. Large consumer purchasing power
B. Elastic demand
C. Inelastic demand
D. Inferior products
Related Mcqs:
- The condition of an increase in prices NOT triggered by an increase in demand is called_______________?
A. hyperinflation
B. the Pigou effects
C. inflation
D. restraint of trade - If the GNP increases by 8% and prices increase by 3% the actual growth rate is_______________?
A. 11%
B. 5%
C. 8%
D. 3% - When cars are offered at low prices but people still do not buy them the situation is one in which______________?
A. demand is elastic
B. demand is inelastic
C. there is aggregate demand
D. exchange takes place - The forces and processes revolving around government is policies and actions are called_________________?
A. politics
B. general social processes
C. dynamics
D. statics - A general in an army chart of command positions would constitute a______________?
A. status
B. role
C. norm
D. institution - The theory of symbolic interactionism in personality formation is associated with_______________?
A. William Sheldon
B. Abraham Maslow
C. Charles Horton Cooley
D. George Herbert Mead - According to the text the following people were/are deviant ?
A. Joan of Arc
B. Mozart
C. The Hell,s Angels
D. People with high IQs - Congressional representation is based on______________?
A. single member constituency system
B. proportional representation
C. parliamentary system
D. BOTH single-member constituency and proportional representation - The current Palestinians are a_____________?
A. state without a nation
B. nation without a state
C. nation split among several states
D. state split among several nations - Today most workers in the United States are employed in the_________________?
A. primary sector
B. secondary sector
C. tertiary sector
D. quaternary sector
