Table 51 -Refer to Table 5

question 159

Multiple Choice

Table 5.1
$$\begin{array} { | l | l | } \hline \text { Quantity Demanded } & \text { Price } \\\hline 10 & \$ 50 \\\hline 20 & \$ 40 \\\hline 30 & \$ 30 \\\hline 40 & \$ 20 \\\hline 50 & \$ 10 \\\hline\end{array}$$
-Refer to Table 5.1.If price decreases from $50 to $30,the price elasticity of demand is _____

• A)10.
• B)5.
• C)3.3.
• D)3.
• E)0.5.

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Definitions:

Invalid Argument

An argument whose conclusion does not logically follow from its premises, even if all the premises are true.

True Conclusion

An outcome of reasoning or argumentation that accurately reflects reality or fact.

Enthymeme

A categorical syllogism with an unstated premise or conclusion.

Unstated Premise

An implicit assumption or belief in an argument that is not expressed by its premises or conclusion.