If the Cross Price Elasticity of Demand for Tacos with Respect

question 59

Multiple Choice

If the cross price elasticity of demand for tacos with respect to burritos equals +2.5, then:

• A)​a 1% increase in the quantity of burritos purchased will lead to a 2.5% increase in the price of a taco.
• B)​a 10% increase in the price of a burrito will lead to a 25% increase in the quantity of tacos demanded at a given price.
• C)​a 1% decrease in the price of a burrito will lead to a 2.5% increase in the quantity of tacos demanded at a given price.
• D)​a 1% increase in the quantity of tacos purchased will lead to a 2.5% increase in the price of a burrito.

---

Definitions:

Secondary Sex Characteristics

Physical features that appear during puberty which are not directly involved in reproduction, such as breast development in females and beard growth in males.

Gender Schemas

Cognitive structures that organize beliefs and expectations about gender, guiding how individuals process gender-relevant information.

Secondary Sex Characteristics

Physical traits that emerge during puberty which are not directly involved in reproduction but distinguish the males and females of a species, such as facial hair in men or widened hips in women.

Spermarche

The first ejaculation.