What Happens When Demand Is Elastic

question 163

Multiple Choice

What happens when demand is elastic?

• A) As price goes up,revenue goes down.
• B) As price goes down,revenue goes down.
• C) As price goes up,revenue goes up.
• D) As price goes up,revenue does not change.
• E) As price goes down,revenue does not change.

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Definitions:

Persuasive Claim

A statement or request intended to convince others to agree with a position, action, or viewpoint, especially used in marketing, legal, or customer service contexts.

Moderate Tone

Using a balanced and reasonable voice in communication, avoiding extreme or emotional language to maintain professionalism.

Accusatory Language

Phrases or words used in communication that imply blame or culpability, potentially eliciting defensive reactions.

Persuasive Claims

Statements designed to convince or persuade the audience of a particular viewpoint or action.