To Answer the Question,refer to the Following Table Showing a Demand

question 32

Multiple Choice

To answer the question,refer to the following table showing a demand schedule: $\begin{array}{llcc}\underline{ \text {Price } }&\underline{ \text { Ouantity } } \\ &\underline{\text {demanded }} \\\$200 &1000\\150&1400\\100 &1800\\\end{array}$ If price falls from $200 to $150,

• A)arrows representing the price and quantity effects both point down.
• B)an arrow representing the price effect points down and is longer than an arrow for the quantity effect.
• C)an arrow representing the quantity effect points up and is shorter than an arrow for the price effect.
• D)arrows representing the price and quantity effects both point up.
• E)total revenue moves in the same direction as the arrow representing the quantity effect.

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Definitions:

Melting Point

The melting point is the temperature at which a solid substance transitions to its liquid phase under atmospheric pressure.

Physical Change

A physical change is a change in a substance that does not involve a change in its chemical composition, such as melting, freezing, or cutting.

Specific Heat

The amount of heat per unit mass required to raise the temperature of a substance by one degree Celsius.

Specific Heats

The amount of heat per unit mass required to raise the temperature of a substance by one degree Celsius, a physical property that varies among different substances.