A local pizzeria raised its price from 9 to 11 for each pizza and ...

[Alainaaa8]

A local pizzeria raised its price from 9 to 11 for each pizza and the sales of its pizza decreased from 150 to 100 per day. What is the price elasticity of demand in this case?
 
  A) 1/2
  B) -2
  C) -1/2
  D) 2

Question 2

The primary factor leading to cyclical unemployment is when
 
  A) businesses often discriminate in their hiring practices on the basis of age, sex, and race.
  B) the level of overall economic activity fluctuates.
  C) workers quit their jobs in order to look for higher paying employment.
  D) some workers do not have marketable job skills.

[randomguy133]

Answer to Question 1

D

Answer to Question 2

B

[Alainaaa8]

Thank you

[randomguy133]

No problemo