Total Revenue Is More Likely to Rise When the Price

question 92

Multiple Choice

Total revenue is more likely to rise when the price rises if

• A)there are few substitutes for the good.
• B)a high proportion of income is spent on the good.
• C)some extended period of time passes.
• D)all of the above
• E)none of the above

---

Definitions:

Fast Mapping

The rapid acquisition of new words and concepts, particularly observed in children's language development.

Babble

Incomprehensible or meaningless chatter or sounds.

Receptive Language

Language that one can understand.

Productive Language

The aspect of language capability that involves producing words, phrases, and sentences to express thoughts and communicate.