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If the Price Elasticity of Demand Is Exactly 1,then a Decrease

question 26

True/False

If the price elasticity of demand is exactly 1,then a decrease in the price will result in an increase in total revenue.


Definitions:

Teratogens

Environmental influences or agents that can damage the embryo or fetus.

Sex Chromosome

A chromosome in the shape of a Y (male) or an X (female) that determines the anatomic sex of the child.

Deoxyribonucleic Acid (DNA)

Genetic material that takes the form of a double helix composed of phosphates, sugars, and bases.

Cytosine

One of the four main nucleobases found in DNA and RNA, which pairs with guanine.

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