The Following Sentences Form a Paragraph

question 28

Multiple Choice

The following sentences form a paragraph. Proofread them for inconsistent tense and faulty parallelism. Identify the type of each error in each sentence, or select "correct" if the sentence is free of errors. People held on to pieces of drifting wood or were sitting on top of their houses as they were swept along at a terrifying speed.

• A) correct
• B) inconsistent tense
• C) faulty parallelism

---

Definitions:

Total Profits

The total earnings of a business after subtracting all costs and expenses from the total revenue.

Single-Price Monopoly

A market structure where the monopolist charges all consumers the same price for its sole product.

Market Elasticity

The measure of how much the quantity demanded or supplied of a product changes in response to a change in price.

Price-Discriminating

A practice where a seller charges different prices to different buyers for the same product or service, not based on the cost differences but on the buyer's willingness or ability to pay.