Questions about employment history on a loan application are used to prevent

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

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

A graph of the value of one variable against the value of another variable is known as a

A) two-dimensional graph. B) three-dimensional graph. C) time-series graph. D) scatter diagram. E) two-variable graph.