If the Price of Pepsi-Cola Increases from 50 Cents to 60

question 177

Multiple Choice

If the price of Pepsi-Cola increases from 50 cents to 60 cents per can and the quantity demanded decreases from 100 cans to 50 cans, then the Pepsi-Cola Company could increase its total revenue by

• A) lowering price.
• B) decreasing quantity supplied.
• C) leaving price the same.
• D) raising price.
• E) decreasing supply.

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Definitions:

Inverter

An electronic device that converts direct current (DC) into alternating current (AC), used in a variety of applications including power supplies and motor drives.

DC Bus

A type of electrical bus, which serves as a common connection point for direct current (DC) power within a power distribution system.

Across The Line

Refers to a method of starting electric motors where the motor is directly connected to the power line, resulting in full line voltage being applied.

Full Voltage

A term typically referring to the application of full line voltage to a device, ensuring it operates at its intended performance level.