The Figure Above Shows the Supply Curve for Roses

question 54

Multiple Choice

The figure above shows the supply curve for roses.
-In the figure above,at the point where the price is $60 per bunch,the price elasticity of supply is

• A) 1.8.
• B) 0.56.
• C) 1.
• D) 1.5.
• E) 0.

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Definitions:

Visual Information

Data perceived through the eyes in the form of images, which is then processed by the brain to interpret the environment.

Cerebellum

A region of the brain that plays a significant role in motor control, coordination, precision, and timing of movements.

Alcohol

A psychoactive substance that is depressant and can alter moods, behaviors, and physiological processes.

Broca's Area

A region in the frontal lobe of the dominant hemisphere, usually the left, associated with the production of language.