If Marginal Revenue Is Greater Than Zero, Then Demand at This

question 335

Multiple Choice

If marginal revenue is greater than zero, then demand at this level of output is

• A) unit elastic.
• B) elastic.
• C) inelastic.
• D) steeper than the marginal revenue curve.

---

Definitions:

Census Bureau

A national agency responsible for collecting, analyzing, and publishing statistical data about the population, economy, and resources of a country.

Under-count

An instance when the actual number of individuals or items is higher than what is officially recorded or reported, often seen in population censuses or surveys.

Cohabiting

Living together and having a sexual relationship without being married.

Acculturation

The method through which people adopt the cultural characteristics or social behaviors of a different group.