The Inverse Demand Function for Grapes Is Described by the Equation

question 6

Multiple Choice

The inverse demand function for grapes is described by the equation p = 518 - 5q, where p is the price in dollars per crate and q is the number of crates of grapes demanded per week.When p = $38 per crate, what is the price elasticity of demand for grapes?

• A)-190/96
• B)-5/518
• C)-5/96
• D)-96/38
• E)-38/480

---

Definitions:

Conjunctival Sac

The space between the inner lining of the eyelid and the surface of the eye, where contact lenses and eye medications are often placed.

Sclera

The white outer layer of the eyeball, serving as a protective outer coating.

Cornea

The transparent, dome-shaped front part of the eye that covers the iris, pupil, and anterior chamber, playing a key role in focusing visual images.

Z-track Technique

A method of injection that minimizes leakage of medication into subcutaneous tissue by displacing the skin and tissue before insertion.