At a Price of $1

question 10

Multiple Choice

At a price of $1.00,a local coffee shop is willing to supply 100 cinnamon rolls per day.At a price of $1.20,the coffee shop would be willing to supply 150 cinnamon rolls per day.Using the midpoint method,the price elasticity of supply is about

• A)0.45
• B)0.90
• C)1.11
• D)2.20

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Definitions:

Metacarpal

The metacarpal bones are the five long bones in the hand that connect the wrist to the fingers.

Radial Notch

A small depression or notch located on the ulna bone that articulates with the head of the radius, enabling the rotation of the forearm.

Humerus

The long bone in the upper arm or forelimb extending from the shoulder to the elbow.