The Table Below Shows the Demand Schedule for Museum Admissions

question 80

Multiple Choice

The table below shows the demand schedule for museum admissions in a small city. $\begin{array}{|c|c|}\hline \begin{array}{c}\text { Price } \\\text { (per visit } \\\text { per person) }\\\end{array} & \begin{array}{c}\text { QuantityDemanded } \\\text { (thousands of }\\\text { person-visits per year) }\end{array} \\\hline \$ 10 & 2 \\\hline \$ 8 & 4 \\\hline \$ 6 & 6 \\\hline \$ 4 & 8 \\\hline \$ 2 & 10 \\\hline\end{array}$ TABLE 4- 1
-Refer to Table 4- 1. Between the prices of $4 and $6 the price elasticity of demand is

• A) 0.40.
• B) 1.40.
• C) 1.00.
• D) 0.50.
• E) 0.71.

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Definitions:

Exclusive Sexual Relationship

A romantic relationship where partners agree to engage in sexual activities only with each other, not allowing sexual activities outside the relationship.

Serial Polygamy

The practice of engaging in multiple marriages one after the other, where an individual legally marries, divorces, and then marries another partner.

Cohabitation

Cohabitation involves living together in a sexual relationship without being married.

Reciprocity

A social norm of responding to a positive action with another positive action, fostering mutual benefit and cooperation.