benchmarks.wiki / Public workspace

MMLU-Pro / 7093 / Mr.Caponiis a butcher who recently raised the price of steak at his market from…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Mr.Caponiis a butcher who recently raised the price of steak at his market from 1.50to1.50 to 2.00 a pound. Correspondingly, his sales dropped from 200 pounds per day to 100 pounds per day. Is the demand for steak?
Plain-text mathematical notation (without MathML)
Mr.Caponiis a butcher who recently raised the price of steak at his market from 1.50to2.00 a pound. Correspondingly, his sales dropped from 200 pounds per day to 100 pounds per day. Is the demand for steak?
Original LaTeX notation
Mr.Caponiis a butcher who recently raised the price of steak at his market from $1.50 to $2.00 a pound. Correspondingly, his sales dropped from 200 pounds per day to 100 pounds per day. Is the demand for steak?

category

economics

options

  1. The demand for steak is constant
  2. The demand for steak is elastic
  3. The demand for steak is indirectly proportional to price
  4. The demand for steak is not affected by price
  5. The demand for steak is perfectly elastic
  6. The demand for steak is perfectly inelastic
  7. The demand for steak is inelastic
  8. The demand for steak is determined by the quality
  9. The demand for steak is dependent on consumer income levels
  10. The demand for steak fluctuates seasonally

src

stemez-Economics

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

Official source

initial import