The Price Elasticity of Demand for Eggs Is 0

question 108

Multiple Choice

The price elasticity of demand for eggs is 0.27.Thus,0.27 is the:

• A) percentage change in the quantity demanded of eggs when the price of eggs increases by one percent.
• B) size of the shift in the demand for eggs when the price of eggs changes by one percent.
• C) size of the percentage change in the quantity supplied of eggs when the demand for eggs changes due to a price change.
• D) percentage change in the price of eggs when the quantity demanded of eggs increases by one percent.

---

Definitions:

Health Care

The maintenance or improvement of health via the prevention, diagnosis, treatment, recovery, or cure of illness, injury, and other physical and mental impairments in people.

Brown V. Board

Reference to the landmark 1954 U.S. Supreme Court decision, Brown v. Board of Education, that declared state laws establishing separate public schools for black and white students to be unconstitutional.

Unconstitutional

Actions or laws that are not in accordance with the constitution.

Racial Segregation

The enforced separation of different racial groups in daily life, such as in schooling, housing, and employment.