If the price of cheese falls by 1 percent and the quantity demanded rises by 3 percent, then the price elasticity of demand for cheese is equal to: A.30. B.0.333. C.3. D.0.30. 正确答案：3.

If the price of textbooks increases by one percent and the quantity demanded falls by one-half percent, then the price elasticity of demand is equal to: A.0.5. B.5. C.2. D.0.05. 正确答案：0.5.

If the price of textbooks increases by one percent and the quantity demanded falls by one-half percent, then demand for textbooks is: A.negative. B.unit elastic. C.elastic. D.inelastic. 正确答案：inelastic.

The price elasticity of demand is typically expressed as a positive number because: A.both the numerator and the denominator are negative, so the formula yields a positive number. B.the demand curve has a positive slope. C.it’s convenient to use absolute values. D.price and quant … 阅读详情>> "The price elasticity of demand is typically expressed as a positive number because:"

If the absolute value of the price elasticity of demand for tickets to a football game is 2, then if the price increases by 1%, quantity demanded decreases by: A.4%. B.?%. C.2%. D.1%. 正确答案：2%.

If the absolute value of the price elasticity of demand for cell phone service is 3, then if the price of cell phone service increases by 1%, quantity demanded would: A.decrease by 3%. B.increase by 3%. C.decrease by 0.33%. D.increase by 0.33%. 正确答案：decrease by 3%.

If 20% increase in the price of a good leads to a 60% decrease in the quantity demanded, then what is the price elasticity of demand? A.1/3. B.1/6. C.30. D.3. 正确答案：3.

If a 10% decrease in the price of a good leads to a 20% increase in the quantity demanded, then what is the price elasticity of demand? A.10. B.2. C.20. D.?. 正确答案：2.

If the price elasticity of demand for pineapples is 0.75, then a 4% increase in the price of pineapples will lead to a: A.3% increase in the quantity of pineapples demanded. B.0.75% decrease in the quantity of pineapples demanded. C.3% decrease in the quantity of pineapples deman … 阅读详情>> "If the price elasticity of demand for pineapples is 0.75, then a 4% increase in the price of pineapples will lead to a:"

If the price elasticity of demand for chicken is 2, then a 20% decrease in the price of chicken will lead to a: A.40% increase in the quantity demanded of chicken. B.10% decrease in the quantity demanded of chicken. C.40% decrease in the quantity demanded of chicken. D.10% increa … 阅读详情>> "If the price elasticity of demand for chicken is 2, then a 20% decrease in the price of chicken will lead to a:"

If the price elasticity of demand for cigarettes is 0.55, and the price of cigarettes increases by 10 percent, then the quantity of cigarettes demanded will fall by: A.5.5 percent. B.55 percent. C.550 percent. D.0.55 percent. 正确答案：5.5 percent.

The demand for a good is elastic if the price elasticity of demand is: A.less than one. B.equal to zero. C.equal to one. D.greater than one. 正确答案：greater than one.