Suppose That 300 Bottles of Soda Are Demanded at a Particular

question 151

Multiple Choice

Suppose that 300 bottles of soda are demanded at a particular price.If the price of a bottle of soda rises from that price by 6 percent,the number of bottles of soda demanded falls to 275.Using the midpoint approach to calculate the price elasticity of demand,it follows that the

• A)demand for bottles of soda in this price range is perfectly elastic.
• B)price increase will increase the total revenue of soda sellers.
• C)price elasticity of demand for bottles of soda in this price range is about 0.69.
• D)price elasticity of demand for bottles of soda in this price range is about 1.45.

---

Definitions:

Basis of Gender

The foundational aspects, whether biological, social, or psychological, that determine an individual's gender identity and roles.

Sexual Harassment

Constitutes unwanted or inappropriate sexual comments or advances, often creating a hostile or offensive environment.

Hostile Environment Harassment

Unwelcome behavior in a workplace or educational setting that makes the environment intimidating, hostile, or offensive for individuals.

Quid Pro Quo Harassment

involves a situation where job benefits are conditioned on sexual favors, or employment decisions are based on an individual's submission to or rejection of such advances.