If the Price of Apples Decreases by 2 Percent and Causes

question 57

Multiple Choice

If the price of apples decreases by 2 percent and causes apple consumption to increase by 4 percent, the price elasticity of demand is ____, indicating the demand is ____.

• A) 2; elastic
• B) 2; inelastic
• C) 0.5; elastic
• D) 0.5; inelastic

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Definitions:

Subliminal Content

Hidden messages or stimuli not consciously perceived but may influence thoughts and behaviors.

Overt Content

The explicit or surface level information or material presented in a communication or work, as opposed to underlying meanings or themes.

Dream Recall

The ability to remember the details of dreams after waking.

Sexual Content

Materials or media that depict or discuss sexual behavior or themes.