Which of the Following Describes a Situation in Which Demand

question 93

Multiple Choice

Which of the following describes a situation in which demand must be elastic?

• A) Total revenue increases by 15 percent when the price of corn dogs rises by 15 percent.
• B) Total revenue increases by less than 15 percent when the price of corn dogs rises by 15 percent.
• C) Total revenue decreases by more than 15 percent when the price of corn dogs rises by 15 percent.
• D) Total revenue increases by $15 when the price of corn dogs rises by $15.

---

Definitions:

Court-appointed Counsel

Lawyers provided by the state or court for individuals who cannot afford to hire their own attorney.

Restrictive Setting

An environment or context that limits personal freedoms or behaviors, often for safety or therapeutic reasons.

Mental Health Facility

An establishment dedicated to the treatment and care of individuals with psychological, behavioral, or cognitive disorders, offering various services and support.

Civil Commitment

Forcing of a person into a mental health facility against his or her will.