Big Alice Ice Cream Parlor Reduced Its Price of an Ice

question 16

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.The approximate price elasticity is

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

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Definitions:

Antisocial Personality Disorder

A behavioral health issue characterized by enduring habits of not respecting or transgressing against the rights of others.

Biological Influences

Aspects of biology that affect behaviors, thoughts, and emotions, including genetic, neurological, and physiological factors.

Therapies

The diverse range of treatments and interventions designed to alleviate symptoms of psychological, emotional, or physical disorders.

Conduct Disorder

A mental health disorder diagnosed in childhood or adolescence characterized by a persistent pattern of disruptive and violent behaviors and disregard for others.