If Demand Is Inelastic, a Price ________ Causes ________ in Total

question 10

Multiple Choice

If demand is inelastic, a price ________ causes ________ in total revenue.

• A) decrease; a decrease
• B) decrease; an increase
• C) increase; a decrease
• D) increase; no change.

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Definitions:

Bipolar Disorders

A group of mood disorders characterized by episodes of mood elevation (mania or hypomania) and depression.

Psychotropic Medications

Drugs that affect mental processes and can be used to treat a variety of mental health disorders.

Cognitive-Behavioral Therapy

A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.

Lithium

is a chemical element used as a medication to treat mood disorders such as bipolar disorder, helping to stabilize mood swings.