Decreases from 100 to 90 the price elasticity of

decreases from 100 to 90. The price elasticity of demand for apples (calculated using the initial value
formula) is __________ .
A. 0.02
B. 0.9
C. 1
D. 1.1

Question 6 of 20
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A change in the quantity demanded of a product is the result of a change in __________ .
Question 7 of 20
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Suppose that in a month the price of tulips increases from $1 to $1.50. At the same time, the quantity
of tulips demanded decreases from 200 to 190. The price elasticity of demand for tulips (calculated
using the initial value formula) is __________ .
Question 8 of 20
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The ratio of the percentage change in quantity demanded to the percentage change in price is known as
the __________ .
Question 9 of 20
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The midpoint formula for elasticity of demand solves the problem of __________ .
A. whether elasticity of demand is really positive or negative
B. whether to use quantity or price in the numerator
C. which price or quantity to use as the initial value of the variable
D. whether to use quantity demanded or supplied
Question 10 of 20
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Suppose that Victoria and her friends are running a fundraiser by selling donuts. They want to know