Figure 5-4 -Refer to Figure 5-4.Assume the Section of the Demand Curve

question 3

Multiple Choice

Figure 5-4
-Refer to Figure 5-4.Assume the section of the demand curve from A to B corresponds to prices between $6 and $12.Then,when the price increases from $8 to $10,

• A)the percent decrease in the quantity demanded exceeds the percent increase in the price.
• B)the percent increase in the price exceeds the percent decrease in the quantity demanded.
• C)sellers' total revenue increases as a result.
• D)it is possible that the quantity demanded fell from 550 to 500 as a result.

---

Definitions:

Bioethics

A field of study that deals with the ethical implications of biological research and applications, especially in medicine.

Veracity

The principle of truthfulness and honesty in the practice of health care, requiring professionals to communicate truthfully and accurately with patients.

Genetic Test Results

The information obtained from analyzing DNA to identify genetic disorders, susceptibility to diseases, or traits inherited.

Beneficence

The ethical principle that involves acting in the best interest of others, promoting good and preventing harm.