At a Price of $40, a Store Can Sell 35

question 56

Multiple Choice

At a price of $40, a store can sell 35 toasters a day. At a price of $35 the store can sell 39 toasters a day. Since total revenue ________ by the price decrease, demand must be ________.

• A) is increased; elastic
• B) is decreased; inelastic
• C) is increased; unit elastic
• D) is decreased; elastic

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Definitions:

Myofibrils

Long, filamentous organelles found inside muscle cells that are highly specialized for contraction.

Keratin

A type of structural protein that is key to the formation of hair, nails, and the outer layer of skin in humans and animals.

Axial Skeleton

The central portion of the skeleton, consisting of the skull, vertebral column, ribs, and sternum, providing fundamental support and protection to the human body.

Z Line

The Z line is a region within the sarcomere of muscle fibers where actin filaments are anchored, playing a crucial role in muscle contraction.