What is the value of F crit ? Use a = 0.05. 
Definitions:
Relatively Inelastic
Describes a situation where the demand or supply of a good or service changes minimally in response to changes in price.
Marginal Cost Curve
A graphical representation that shows how the cost of producing one additional unit of a good changes as production volume increases.
Marginal Revenue Curve
A graphical representation showing how a firm's revenue changes with each additional unit of output sold, typically declining in perfectly competitive markets.
Total Revenue Curve
A graph showing how total revenue changes as the quantity sold of a product or service changes, holding the price constant.
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