Suppose That the Quantity of Lemonade Demanded Falls from 103

question 95

Multiple Choice

Suppose that the quantity of lemonade demanded falls from 103 000 litres per week to 97 000 litres per week as a result of a 10 percent increase in its price. The price elasticity of demand for lemonade is therefore

• A) 6.0.
• B) 1.03.
• C) 0.6.
• D) 1.97.
• E) impossible to compute unless we know the before and after prices.

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Repeated, health-harming mistreatment of an employee by coworkers or superiors, including verbal abuse, threats, and other forms of intimidation.

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