If the Local Pizzeria Raises the Price of a Medium

question 90

Multiple Choice

If the local pizzeria raises the price of a medium pizza from $6 to $10 and quantity demanded falls from 700 pizzas a night to 100 pizzas a night,the arc price elasticity of demand for pizzas is:

• A)0.67.
• B)1.5.
• C)2.0.
• D)3.0.

---

Definitions:

Subduction Zone

A region of the Earth's crust where one tectonic plate moves under another, often leading to volcanic activity and earthquakes.

Continental Crust

The thick, buoyant part of the earth's crust that forms the continents and continental shelves, distinguished from the denser oceanic crust.

Continental Collision

A geological process where two continental plates collide, leading to the formation of mountains and other geological structures.

Subduction Zones

areas at convergent plate boundaries where one tectonic plate moves under another, leading to geological activity.