Examlex
Dolphins and bats are able to echolocate, meaning they can detect the locations of objects in their environment by certain waves of energy emitted or reflected by those objects.Which of the following might dolphins and bats have that humans do not?
Total Revenue
Total Revenue refers to the total amount of money generated by a business from the sale of its goods or services before any costs are deducted.
Price Elasticity
Measures the responsiveness of the quantity demanded of a good to a change in its price, indicating how changes in price affect consumer demand.
Demand Is Elastic
A condition where the quantity demanded of a good or service is significantly changed due to a change in its price. High elasticity indicates a sensitive reaction to price changes.
Total Revenue
The total amount of money received by a company for its goods or services before any expenses are subtracted.
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