If a 1 percent decrease in the price of a good leads to a 0.50 percent increase in the quantity demanded, the price elasticity of demand for the good equals ________.
A) 0.75 B) 2.0 C) 1.0 D) 0.50
D) 0.50
Anthropology & Archaeology
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Which kinship terminology system uses the least number of kinship terms?
a. Hawaiian b. Eskimo c. Aranda d. Sudanese
Anthropology & Archaeology
Evidence suggests that modern humans were in Australia before they were in Europe
a. True b. False
Anthropology & Archaeology
Big Trucking Company has purchased a $100,000 dump truck that has a useful life of 8 years. After the first year of use, the market value of the dump truck falls to $70,000. If the highest one-year return available is 10 percent, what is the one -year return from selling the dump truck?
A) $10,000 B) $7,000 C) $60,000 D) $70,000
Anthropology & Archaeology
Agriculturalists are more likely to suffer from nutritional stress than hunter-gatherers
a. True b. False
Anthropology & Archaeology