If the Price of a Cup of Coffee Increases by 50

question 63

Multiple Choice

If the price of a cup of coffee increases by 50 percent and the quantity of cups demanded decreases by 50 percent, the price elasticity of demand is:

• A) elastic.
• B) inelastic.
• C) unit elastic.
• D) zero.

---

Definitions:

Token Economy

A system of behavior modification based on the systematic reinforcement of target behavior through the use of tokens that can be exchanged for various rewards.

Autism Spectrum Disorder

A range of neurodevelopmental conditions characterized by challenges with social interaction, communication, and behavior, presenting a spectrum of symptoms and levels of disability.

Cerebral Cortex

The outer layer of the brain, involved in complex functions like thought, memory, awareness, and language.

Corpus Callosum

A large band of neural fibers connecting the two hemispheres of the brain, facilitating communication between them.