If the Price of Laptop Computers Decreases from $550 to $500

question 16

Multiple Choice

If the price of laptop computers decreases from $550 to $500 and the quantity supplied decreases from 15,000 to 12,000 per week.Using the initial price method the price elasticity of supply is:

• A)1.2.
• B)2.2.
• C).2.
• D)2.

---

Definitions:

Marital Issues

Problems or conflicts arising between married partners, which can range from communication breakdowns, financial disputes, to infidelity, often requiring counseling or therapy.

Psychodynamic Therapy

A therapeutic technique that emphasizes unconscious psychological processes and childhood experiences in understanding and treating psychological disorders.

Empirical Research

A way of gaining knowledge by means of direct and indirect observation or experience.

Unipolar Depression

A mood disorder characterized by persistent sadness and a lack of interest or pleasure in previously rewarding or enjoyable activities.