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MMLU-Pro / 5992 / In which of the following situations would there be inelastic demand?

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

In which of the following situations would there be inelastic demand?

category

other

options

  1. A 10% price decrease results in a 20% increase in the quantity demanded.
  2. A 3% price decrease results in a 5% increase in the quantity demanded.
  3. A 2% price decrease results in a 5% increase in the quantity demanded.
  4. A 4% price increase results in a 6% decrease in the quantity demanded.
  5. A 10% price increase results in a 15% decrease in the quantity demanded.
  6. A 6% price increase results in a 9% decrease in the quantity demanded.
  7. A 7% price decrease results in a 10% increase in the quantity demanded.
  8. A 5% price increase results in a 3% decrease in the quantity demanded.

src

ori_mmlu-professional_accounting

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Source and history

upstream_id / Original problem ID
5992
task_id
318e4f1a-1e76-58a3-b1fd-b41a3d598e8f
task_key
default--test--5992
task_revision_id
1
config / split
default / test

Official source

initial import