-The Data in the Table Above Give Two Points on the Demand

question 131

Multiple Choice

-The data in the table above give two points on the demand curve for pizza.Using the midpoint method,when the price of a pizza falls from $10 to $9,what is the price elasticity of demand?

• A) 0.5
• B) 0.6
• C) 0.9
• D) 2.1
• E) 8.6

---

Definitions:

Binary System

A system consisting of two components or parts, often used to describe a system of numerical notation that has 2 rather than 10 as a base.

Genetic Component

Genetic component means the portion of a phenotype or disease risk attributable to genetic factors, highlighting the role of heredity in certain conditions or traits.

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, or both sexes.

Differential Medical Outcomes

Variations in health and treatment results among different populations, often influenced by social, economic, and environmental factors.