Refer to the Following Figure

question 57

Multiple Choice

Refer to the following figure.When price is $10 and quantity demanded is 2,000,what is the point elasticity of demand?

• A)-3
• B)-1/3
• C)-1
• D)-5
• E)-2/3

---

Definitions:

Irrigation Water

Water that is supplied to crops to assist in their growth, often through artificial means such as sprinklers or drip lines.

Wasted

Resources or materials that are disposed of or used inefficiently or ineffectively.

Canadian Households

Residential units in Canada where individuals or groups of people live, representing the domestic aspect of culture and economy.

Flushing Toilets

Sanitation fixtures used for the disposal of human urine and feces by using water to flush them through a drainpipe to another location.