Table 7-9 -Refer to Table 7-9

question 151

Multiple Choice

Table 7-9
$\begin{array}{|c|c|}\hline\begin{array}{c}\text { Price per Pound } \\\text { (dollars) }\end{array} & \begin{array}{c}\text { Quantity of Cheese } \\\text { Demanded (pounds) }\end{array} \\\hline \$ 16 & 3 \\\hline 14 & 4 \\\hline 12 & 5 \\\hline 10 & 6 \\\hline 8 & 7 \\\hline 6 & 8 \\\hline 4 & 9 \\\hline 2 & 10 \\\hline\end{array}$
-Refer to Table 7-9.Over what range of prices is the demand elastic?

• A) over the entire range of prices
• B) between $14 and $16
• C) between $8 and $16
• D) between $2 and $8

---

Definitions:

Functional Changes

Adjustments or modifications in processes, systems, or organisms that affect how they operate or function.

Barton and Komatsu

Researchers noted for their contributions in the field of cognitive psychology, particularly in the study of human memory and knowledge representation.

Nominal-Kind Items

Objects or concepts that are categorized based on names or labels rather than by measurable properties or innate characteristics.

Natural-Kind Items

Objects or entities that occur naturally within the environment, often distinguished from artificial or man-made objects in categorization tasks.