# Suppose the demand function for a good is expressed

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Suppose the demand function for a good is expressed as Q = 100 - 4p. If the good currently sells for \$10,then the price elasticity of demand equalsA) -1.5.B) -0.67.C) -4.D) -2.5. -0.67.
If an increase in income results in a rightward parallel shift of the demand curve, then at any given price,the price elasticity of demand will have
If the demand function for orange juice is expressed as Q = 2000 - 500p, where Q is quantity in gallonsand p is price per gallon measured in dollars, then the demand for orange juice has a unitary elasticitywhen price equals
If the demand curve for orange juice is expressed as Q = 2000 - 500p, where Q is measured in gallonsand p is measured in dollars, then at the price of \$3, elasticity equals
If the demand for orange juice is expressed as Q = 2000 - 500p, where Q is measured in gallons and p ismeasured in dollars, then at the price of \$3, the demand curveA) is elastic.B) has a unitary elasticity.C) is inelastic.D) is perfectly inelastic.is elastic.
If the demand curve for comic books is expressed as Q = 10,000/p, then demand has a unitary elasticity
If the price elasticity of demand for a good is greater than one in absolute value, economists characterizethat demand is
If the price elasticity of demand for a good is less than one in absolute value, economists wouldcharacterize consumers of this good
If the price of orange juice rises 10%, and as a result the quantity demanded falls by 8%, the priceelasticity of demand for orange juice isA) -1.25.B) inelastic.C) Both A and B above.D) Neither A nor B above.inelastic.

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