When the Price of a Box of Cereal Is $5,the

question 50

Multiple Choice

When the price of a box of cereal is $5,the quantity demanded is 800 boxes.When the price of a box of cereal is $7,the quantity demanded is 400 boxes.Calculate the price elasticity of demand when the price of a box of cereal is $6.

• A)0.5
• B)200
• C)0.005
• D)1.0
• E)2.0

---

Definitions:

Depression

A mental health disorder characterized by persistently low mood, a sense of despair, and a lack of interest or pleasure in daily activities.

Social Skills

The abilities necessary for effective communication, interaction, and engagement with others, including understanding and being understood.

Social Network

A structure made up of individuals or organizations that are connected by one or more types of interdependencies, such as friendships, kinships, common interests, or shared knowledge.

Suicide Prevention

Efforts and interventions aimed at reducing the risk and incidences of suicide through outreach, education, and support for those at risk.