Holding All Other Forces Constant,if Increasing the Price of a Good

question 373

Multiple Choice

Holding all other forces constant,if increasing the price of a good leads to an increase in total revenue,then the demand for the good must be

• A) unit elastic.
• B) inelastic.
• C) elastic.
• D) None of the above is correct,since a price increase always leads to an increase in total revenue.

---

Definitions:

Resistant

Refers to the ability to withstand or oppose a particular force or condition.

Zygote

The initial cell formed when a sperm cell fertilizes an egg cell, marking the beginning of a human's genetic development.

Embryo

An early stage of development in multicellular organisms, in humans, it refers to the first eight weeks of development post-conception.

Placenta

A temporary organ that develops in female mammals during pregnancy, connecting the fetus to the uterine wall for nutrient uptake, waste elimination, and gas exchange via the mother's blood supply.