Use the following to answer questions:
Figure: The Demand Curve 
-(Figure: The Demand Curve) Look at the figure The Demand Curve. By the midpoint method, the price elasticity of demand between $8 and $9 is approximately:
Definitions:
Legitimate Power
A type of power that is recognized as rightful or lawful, often derived from a position of authority.
Organization Culture
The collective behaviors, values, practices, and beliefs that define the social and psychological environment of an organization.
National Culture
The set of shared values, beliefs, customs, practices, and social behaviors that characterize the people of a specific country or nation.
Contextual Power
The influence or control one has within a specific context, often affecting the outcome of decisions and interactions.
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