Suppose the Current Price of Barley Is $7 Per Bushel

question 12

Multiple Choice

Suppose the current price of barley is $7 per bushel and at that price 100,000 bushels are grown by a Colorado farmer.If the price of barley rises to $8 and quantity supplied increases to 130,000 bushels,then using the midpoint method,the price elasticity of supply for barley equals

• A) 13.33.
• B) 26.78.
• C) 1.96.
• D) 0.51.
• E) Zero.

---

Definitions:

Dissociative Identity Disorder

A mental disorder characterized by the presence of two or more distinct personality states.

Dissociative Fugue

A rare psychiatric disorder characterized by reversible amnesia for personal identity, including memories, personality, and other identifying characteristics.

Autism

A disorder usually diagnosed in young children, and characterized by a wide range of developmental problems, including language and motor problems.

Repetitive Movement Patterns

Repeated actions or sequences of movements often observed in physical, therapeutic, or training contexts.