When Demand Is ,Increases in Price Result in Increases in Total

question 59

Multiple Choice

When demand is ,increases in price result in increases in total revenues,while decreases in price result in decreases in total revenue.

• A)flexible
• B)inelastic
• C)supply- driven
• D)cross- elastic
• E)elastic

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Definitions:

Neuroplasticity

The ability within the brain to constantly change both the structure and function of many cells in response to experience or trauma.

Reflex Arc

The connection of the afferent neurons to the interneurons to the efferent neurons, resulting in a reflex action.

Somatic Nervous System

A part of the peripheral nervous system responsible for carrying motor and sensory information both to and from the central nervous system.

Peripheral Nervous System

A portion of the nervous system that consists of the nerves outside the brain and spinal cord, connecting the central nervous system to limbs and organs.