Big Alice Ice Cream Parlor Reduced Its Price of an Ice

question 33

Multiple Choice

Big Alice Ice Cream Parlor reduced its price of an ice cream cone from $1 to 90 cents.Sales consequently increased from 1,000 cones per week to 1,050 cones per week.The approximate price elasticity is

• A)0.20.
• B)0.46.
• C)2.16.
• D)5.00.

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Definitions:

Apgar Scale

A quick, simple test used to diagnose the physical state of a newborn infant.

Neonatal Assessment

The evaluation of a newborn's physical status and overall health immediately following birth.

Antiseptic Surroundings

Environments that are clean, sterile, and designed to minimize the risk of infection or contamination.

Home Births

Childbirth that occurs at home rather than in a hospital or birthing center, often involving a midwife or other healthcare professional.