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If Demand Is Elastic, Then

question 175

Essay

If demand is elastic, then:
A.the price effect dominates the quantity effect, and a fall in the price will cause total revenue to rise.
B.the price effect dominates the quantity effect, and an increase in the price will cause total revenue to rise.
C.the quantity effect dominates the price effect, and an increase in the price causes total revenue to rise.
D.the quantity effect dominates the price effect, and a decrease in the price causes total revenue to rise.


Definitions:

Maintaining an Erection

Maintaining an Erection refers to the physiological process whereby the penis remains firm and erect during sexual activity.

Sexual Dysfunction

A problem that prevents an individual from experiencing satisfaction during sexual activity, affecting desire, arousal, or orgasm.

Sexual Response Cycle

A model that describes the sequence of physical and emotional changes that occur as a person becomes sexually aroused and participates in sexually stimulating activities.

Paraphilia

Unusual or atypical sexual interests, where sexual arousal is obtained from objects, situations, or individuals that are not part of normative stimulation.

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