When Quantity Demanded Increases,total Revenue

question 48

Multiple Choice

When quantity demanded increases,total revenue

• A) increases.
• B) decreases.
• C) increases, if demand is elastic.
• D) increases, if demand is inelastic.
• E) increases, depending on whether price increases as well.

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Definitions:

Colors

The aspect of things that results from the light they emit, transmit, or reflect, which is perceived by the eye and interpreted by the brain.

Blue

A primary color that is perceived when light with a dominant wavelength between approximately 450 and 495 nanometers is detected by the human eye.

Green

A color in the spectrum visible to the human eye, associated with nature, growth, and fertility.

Sensory Receptors

Cells or organs located throughout the body that respond to specific stimuli from the external or internal environment, enabling the senses of sight, hearing, touch, taste, and smell.