If the Price of DVDs Falls from $20 to $12

question 80

Multiple Choice

If the price of DVDs falls from $20 to $12 and the quantity of DVDs supplied decreases from 118,000 to 100,000, using the midpoint formula the elasticity of supply equals

• A) 0.33.
• B) 2.94.
• C) -3.08.
• D) 3.08.
• E) 0.23.

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Definitions:

Antisocial Personality Disorder

A mental disorder characterized by a long-term pattern of manipulating, exploiting, or violating the rights of others. Individuals with this disorder often lack remorse.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, fifth edition, is a detailed categorization of mental disorders issued by the American Psychiatric Association.

Conduct Disorder

A mental disorder diagnosed in childhood or adolescence characterized by a persistent pattern of disruptive and violent behaviors.

Age of Onset

The age at which symptoms of a disease or condition first appear.