Using the original elasticities of demand and supply (i. e., upper e subscript upper sequals1.5 and upper e subscript upper dequalsminus0.5), calculate the effect of a 35-percent decrease in copper demand on the price of copper. recall that the demand equation is qequals27minus3p, the supply equation is qequalsminus9plus9p, the initial equilibrium price is p*equals$3.00 (dollars per pound), and the initial equilibrium quantity is q*equals18 (million metric tons per year). as a result of this change in demand, the price of copper will ▼ decrease increase by $ nothing. (enter your response rounded to two decimal places.)

Who is better at multi-tasking? in business, employees are often asked to perform a complex task when their atten-tion is divided (i. e., multi-tasking). human factors (may 2014) published a study designed to determine whether video game players are better than non–video game play-ers at multi-tasking. each in a sample of 60 college stu-dents was classified as a video game player or a non-player. participants entered a street crossing simulator and were asked to cross a busy street at an unsigned intersec-tion. the simulator was designed to have cars traveling at various high rates of speed in both directions. during the crossing, the students also performed a memory task as a distraction. two variables were measured for each student: (1) a street crossing performance score (measured out of 100 points) and (2) a memory task score (measured out of 20 points). the researchers found no differences in either the street crossing performance or memory task score of video game players and non-gamers. “these results,” say the researchers, “suggest that action video game players [and non-gamers] are equally susceptible to the costs of dividing attention in a complex task”