If the Elasticity of Demand Is -2

question 39

Multiple Choice

If the elasticity of demand is -2.3 when calculated using the point elasticity method and -3.4 using the arc elasticity method, then

• A)you should use the point elasticity.
• B)it is OK to use either one.
• C)there must be a mistake in the calculations.
• D)you should use the arc elasticity.

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Definitions:

Alternation of Generations

A reproductive cycle of certain plants and algae that alternates between a sexual phase (gametophyte) and an asexual phase (sporophyte).

Sporophyte

The diploid, spore-producing phase in the life cycle of plants that undergo alternation of generations.

Gametophyte

A stage in the life cycle of plants and algae that is haploid and produces gametes.

Pollen Tube

A long, slender growth from a pollen grain that penetrates the ovule, allowing the sperm to fertilize the egg in plants.