When Scuba, Inc

question 24

Multiple Choice

When Scuba, Inc., lowered the price of a tank of compressed air by 20 percent, it sold 10 percent more tankfuls.The price elasticity for compressed air is

• A)2
• B)1/2.
• C)1
• D)20

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Definitions:

Concrete Terms

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Edible Plants

Plants that can be safely consumed by humans or animals as food.

Essential Attributes

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Mutually Exclusive

Two events or propositions that cannot both be true at the same time.