If the Price of Butter Changes by 5 Percent,we Observe

question 54

Multiple Choice

If the price of butter changes by 5 percent,we observe a 25 percent change in the quantity demanded of margarine.The cross-price elasticity of these goods is:

• A)-5.
• B)5.
• C)0.2.
• D)-0.2.

---

Definitions:

Antenna

A structure or device used to transmit or receive electromagnetic waves.

Dendrites

The branched extensions of a neuron that receive signals from other neurons and conduct them toward the cell body.

Neurons

Specialized cells within the nervous system that transmit information to other nerve cells, muscle, or gland cells.

Nerve Cells

Specialized cells that transmit electrical signals throughout the body, also known as neurons.