Refer to the Information Provided in Figure 5

question 121

Multiple Choice

Refer to the information provided in Figure 5.2 below to answer the question(s) that follow. Figure 5.2
-Refer to Figure 5.2. If the price of a hamburger decreases from $6 to $2, the price elasticity of demand equals ________. Use the midpoint formula.

• A) -0.25
• B) -0.5
• C) -2.0
• D) -4.0

---

Definitions:

General Feeling

A broad emotional state or mood that is not focused on any specific object or situation.

Strong Coffee

Coffee with a high concentration of caffeine and bold flavors, often resulting from the type of bean, roast, or brewing method.

Cannon-Bard Theory

A theory in psychology that suggests emotions and bodily responses occur simultaneously following a stimulus, as opposed to one causing the other.

Physiological Changes

Alterations in the body's normal biological functions, which can be due to development, aging, disease, or environmental factors.