-Using the Data in the Table Above,when the Price of a Skirt

question 151

Multiple Choice

-Using the data in the table above,when the price of a skirt rises from $20 to $35,what is the price elasticity of demand? (Use the midpoint method.)

• A) 0.33
• B) 0.25
• C) 1.00
• D) 1.33
• E) 3.00

---

Definitions:

Feedback

Information given to an individual or group about their performance or behavior for the purpose of improvement.

Active Listening

A communication technique that involves giving full attention to the speaker, understanding their message, and responding thoughtfully.

Communication Effectiveness

The degree to which communicated information is understood and achieves its intended effect.

Sender

The person or entity that initiates a message or communication.