Table 5-1
Suppose a Coffee Shop Faces the Following Demand

question 115

Multiple Choice

Table 5-1
Suppose a coffee shop faces the following demand schedule for coffee. $\begin{array}{|c|c|}\hline \text { Price per coffee (\$) } & \text { Quantity demanded } \\\hline 4.00 & 200 \\\hline 3.00 & 600 \\\hline 2.50 & 800 \\\hline 2.00 & 1000 \\\hline 1.50 & 1200 \\\hline 1.00 & 1400 \\\hline\end{array}$
-Referring to Table 5-1, comparing the sales at $1.00 and $3.00, which of the statements below is true?

• A)the price elasticity of demand is higher at $3.00 than $1.00
• B)the price elasticity of demand is lower at $3.00 than at $1.00
• C)the price elasticity of demand is the same at both prices
• D)the price elasticity of demand at $3.00 is zero

Identify key Supreme Court cases related to abortion and their implications.

Describe the philosophical arguments concerning fetal personhood and the moral rights of women.

Understand the ethical theories and thought experiments used to argue for or against abortion rights.

Recognize the historical context and changes in abortion laws in the United States.

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Definitions:

Principal-Agent Problem

An economic conflict where an individual (the agent) has the responsibility to act for the benefit of another party (the principal), but might fail to do so because of differing interests.

Representative Democracy

A form of government where citizens elect officials to represent their interests and make decisions on their behalf in the legislative process.

Private Business

A business entity owned and operated by private individuals, not controlled by the government, and aimed at earning profit.