The Price of a Bag of Pretzels Rises from $2

question 96

Multiple Choice

The price of a bag of pretzels rises from $2 to $3 and the quantity demanded decreases from 100 to 60.What is the price elasticity of demand?

• A) 1.0
• B) 1.25
• C) 40.0
• D) 20.0
• E) 0.80

---

Definitions:

Tell Others

The act of sharing information, experience, or knowledge with other individuals.

Mirror Neurons

Neurons that fire both when an individual acts and when the individual observes the same action performed by another.

Empathic Husband

A spouse who understands and is sensitive to their partner's feelings, thoughts, and experiences from the partner's point of view.

Violence-Viewing Effect

This refers to the increased aggression and desensitization to violence observed in individuals after they have been exposed to violent media.