Exhibit 19-3 -Refer to Exhibit 19-3. If Price Decreases from $5.50 to Decreases

question 19

Multiple Choice

Exhibit 19-3

-Refer to Exhibit 19-3. If price decreases from $5.50 to $4.50, total revenue along the demand curve

• A)increases to $67.50.
• B)increases to $87.50.
• C)remains at $87.50.
• D)decreases to $67.50.
• E)decreases to $27.50.

---

Definitions:

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning and that psychological disorders are best treated by altering behavior patterns.

Development Goals

Long-term aims or objectives that guide personal, professional, or societal growth and improvement.

Improve Oneself

The process of self-enhancement through activities that increase self-awareness, develop talents, and potential, and contribute to the realization of dreams and aspirations.

Long Term

Relating to a period of time that extends far into the future; often in contrast to short-term or immediate.