Total Revenue from the Sale of a Good Will Decrease

question 75

Multiple Choice

Total revenue from the sale of a good will decrease if

• A)income increases and the good is normal.
• B)its price rises and demand is elastic.
• C)its price rises and demand is inelastic.
• D)income falls and the good is an inferior good.
• E)its price falls and demand is elastic.

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Definitions:

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature that create a hostile or offensive work environment.

United States

A country in North America consisting of 50 states and a federal district, known for its large size and diverse population.

Workplace

A location where people are employed and perform tasks related to their jobs.

Title VII

A section of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, and national origin in the United States.