Sarah and David Both Have Linear Demand Curves for Lemonade

question 29

Multiple Choice

Sarah and David both have linear demand curves for lemonade.Sarah's demand is more elastic than David's.At the current price of $0.50 per glass,they both choose to buy 5 glasses.A change in the price of lemonade to $0.75 per glass will

• A)decrease Sarah's consumer surplus more than David's.
• B)decrease David's consumer surplus more than Sarah's.
• C)increase Sarah's consumer surplus more than David's.
• D)increase David's consumer surplus more than Sarah's.

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Definitions:

Clinical Decisions

Choices or judgements made by healthcare professionals regarding the diagnosis, treatment, and care of patients, based on clinical evidence and patient information.

Nursing Process

A systematic approach to nursing practice involving assessment, diagnosis, planning, implementation, and evaluation to deliver optimal patient care.

Charge Nurse

A registered nurse tasked with managing a specific department within a hospital, ensuring patient care and overseeing the nursing staff.

Clinical Decision

A judgement made by healthcare professionals based on medical evidence, patient information, and clinical expertise to improve patient outcomes.