Refer to the Table Above

question 49

Multiple Choice

Refer to the table above.Starting at a $1 price,at what price range does demand become elastic?

• A) $1-2
• B) $2-3
• C) $3-4
• D) $4-5 At $3-4,the change in quantity is (20 - 30)/(20 + 30)= 0.20 and the change in price is (3 - 4)/(3 + 4)= 0.143.Thus,elasticity is 1.40,which is elastic.

---

Definitions:

Disease

A condition that impairs normal functioning and is typically characterized by specific signs and symptoms.

United States

A country located primarily in North America, consisting of 50 states and a federal district, known for its significant impact on global culture, economy, and politics.

Sexual Assault

An act in which a person intentionally sexually touches another person without that person's consent or coerces or physically forces a person to engage in a sexual act against their will.

Women

Refers to adult human females, often discussed in the context of social, cultural, and biological distinctions from men.