Examlex

Solved

Match the English Language Definition with Its Corresponding Greek Word

question 17

Multiple Choice

Match the English language definition with its corresponding Greek word.
-philosophia


Definitions:

Total Revenue

The total income received by a firm from selling its goods or services before any costs or expenses are deducted.

Elastic

Describing a situation in which the supply or demand for a good or service is highly responsive to changes in price.

Elasticity Coefficient

A measure reflecting the responsiveness of the quantity demanded or supplied of a good to a change in its price.

Price Increase

A rise in the cost of goods or services over time.

Related Questions