Suppose That the Quantity of Apples Sold Increases by 30

question 85

Multiple Choice

Suppose that the quantity of apples sold increases by 30 per cent after the price of pears increases by 15 per cent. What is the coefficient of the cross elasticity of demand?

• A) 3.
• B) 1.5.
• C) 0.2.
• D) 2.
• E) 0.3.

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Definitions:

Substituents

Atoms or groups of atoms that are substituted or replaced in the molecule of an organic compound, affecting its properties and reactions.

Axial Position

A spatial location in a molecule where substituents are perpendicular to the plane of a ring, such as in cyclohexane.

Bicyclic Structure

A chemical compound featuring two interconnected rings, which can vary in size and the atoms they contain.

Line-Angle Formula

A simplified representation of a molecule showing how atoms are connected; lines represent bonds, and vertices represent carbon atoms.