In Which of the Following Cases Will the Total Spending

question 208

Multiple Choice

In which of the following cases will the total spending on a good decrease?

• A) Demand is inelastic, and price increases.
• B) Demand is elastic, and price increases.
• C) Demand is elastic, and price decreases.
• D) Demand is of unit elasticity, and price decreases.

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Definitions:

Synaptic Cleft

The small gap at the junction between two neurons, through which neurotransmitters are released and transferred to affect the activity of other neurons.

Terminal Button

The end part of an axon that makes synaptic contacts with another nerve cell, muscle cell, or gland cell.

Dendrite

The branch-like extensions of a neuron that receive signals from other neurons.

Motor Neurons

Nerve cells forming part of a pathway along which impulses pass from the brain or spinal cord to a muscle or gland.