-Refer to Table 5-2

question 552

Multiple Choice

-Refer to Table 5-2. Using the midpoint method, if the price falls from $150 to $100, the absolute value of the price elasticity of demand is

• A)0.4.
• B)0.9.
• C)1.1.
• D)2.

---

Definitions:

Americans

People originating from or holding citizenship in the United States of America.

Rolling Over

A developmental milestone in infants, usually marked by the ability to independently roll from their stomach to their back and vice versa.

Standing Alone

The act or condition of being independent, not supported or affiliated with others.

Walking

The act of moving at a moderate pace on foot as a means of physical exercise or transportation.