If the Total Revenue Received by Sellers of DVDs Increases

question 40

Multiple Choice

If the total revenue received by sellers of DVDs increases by 20 per cent when price increases by 10 per cent, then demand for DVDs is

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

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Definitions:

Mirroring

A therapeutic technique where the counselor reflects the client's thoughts, behaviors, or emotions to facilitate self-awareness and validation.

Solution-based Counselors

These are therapists who apply solution-based approaches in their practice, focusing on helping clients find practical solutions to their issues rather than focusing on the problem's origins.

Compliments Used

Positive affirmations or feedback provided to someone to acknowledge their qualities or achievements.

Followed Through

The act of completing a task or carrying out a plan to its end.