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    Economics for Today Study Set 1
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    Exam 6: Elasticity of Demand and Supply
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    If Sam, the Pizza Man, Lowers the Price of His
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If Sam, the Pizza Man, Lowers the Price of His

Question 30

Question 30

Multiple Choice

If Sam, the Pizza Man, lowers the price of his pizzas from $6 to $5 and finds that sales increase from 400 to 600 pizzas per week, then the demand for Sam's pizzas in this range is:


A) 3.5.
B) 0.5.
C) 1.
D) 2.2.

Correct Answer:

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