If the Demand for a Good Is Unit Elastic and the Price

question 108

Multiple Choice

If the demand for a good is unit elastic and the price of the good increases, then

• A)total revenue increases.
• B)total revenue decreases.
• C)total revenue is not affected.
• D)the direction of the change in total revenue cannot be determined from the information given.

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Definitions:

Muscle Contraction

The tightening of muscle fibers initiated by electrical impulses, leading to shortening of the muscle and movement or force generation.

Sarcoplasmic Reticulum

Smooth endoplasmic reticulum of skeletal muscle cells; surrounds the myofibrils and stores calcium ions.

Calcium Ions

Electrically charged calcium atoms (Ca2+) that play a crucial role in various physiological processes, including muscle contraction, neurotransmitter release, and bone formation.

Muscle Impulses

Electrical signals that travel along the nerve fibers to stimulate muscle contraction.