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Recently, in Smalltown, the Price of Twinkies Fell from $0

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Essay

Recently, in Smalltown, the price of Twinkies fell from $0.80 to $0.70. As a result, the quantity demanded of Ho-Ho's decreased from 120 to 100. What would be the appropriate elasticity to compute? Using the midpoint method, compute this elasticity. What does your answer tell you?

Define and distinguish between obsessions and compulsions.
Recognize the characteristics and misconceptions associated with obsessive-compulsive disorder (OCD).
Identify the rituals and behaviors associated with OCD.
Understand the psychological basis for certain OCD behaviors, specifically related to memory and trust.

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