Use the table below to answer the following question.
Table 4.1.4
-Refer to Table 4.1.4. The table shows the demand schedule for computer chips. As the price rises from $200 a chip to $300 a chip, total revenue ________. So at a price of $250 a chip, demand is ________.
Definitions:
Concentration Effect
The impact that changing the concentration of reactants has on the rate of a chemical reaction.
Reaction Speed
The rate at which reactants are converted into products in a chemical reaction, influenced by factors like temperature, concentration, and presence of catalysts.
AgNO3
Silver nitrate, an inorganic compound with antiseptic properties, used in medical applications and analytical chemistry.
Increased Speed
A situation where the velocity or pace at which an object or process operates is raised.
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