If Total Revenue Remains Constant After Price Is Increased, Demand

question 41

Multiple Choice

If total revenue remains constant after price is increased, demand is:

• A) perfectly inelastic
• B) unit elastic
• C) perfectly elastic
• D) inelastic

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Definitions:

White Supremacist

An ideology that promotes the belief that white people are superior to those of all other races, especially the black race, and should therefore dominate society.

Ku Klux Klan

A white supremacist group that emerged in the post-Civil War United States, advocating for white dominance and known for violent racist acts.

Southern Homestead Act

A United States federal law enacted in 1866 to provide land to freed African American slaves and loyal white Southerners.

Freed Families

Families that were emancipated from slavery, focusing on their journey, challenges, and contributions post-emancipation.