Holding All Other Factors Constant,if Raising the Price of a Good

question 155

Multiple Choice

Holding all other factors constant,if raising the price of a good results in less total revenue,what must the demand for the good be

• A)unit elastic
• B)inelastic
• C)elastic
• D)perfectly inelastic

---

Definitions:

Context-dependent Memory

The phenomenon where recall of information is higher when the retrieval context is similar to the encoding context.

Physical Cues

External signals or indicators that can be perceived with the senses, guiding behavior or responses.

Information Recall

The process of retrieving previously learned information from memory without being re-exposed to it explicitly.

Infantile Amnesia

The inability of adults to recall autobiographical memories from early childhood, typically before the age of 3-4 years.