If a Demand Curve Displays Unitary Elasticity, an Upward Shift

question 52

Multiple Choice

If a demand curve displays unitary elasticity, an upward shift in the supply curve will:

• A)raise total revenue.
• B)lower total revenue.
• C)have no effect on total revenue.
• D)have an indeterminant effect on total revenue.

Identify and distinguish between different types of questions in sales, such as direct, nondirective, rephrasing, and redirect questions.

Understand the significance of first impressions in sales and approach techniques.

Describe and apply the creative imagery technique in sales.

Recognize the components of a typical sales call approach.

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Definitions:

Osmotic Pressure

Amount of turgor that prevents osmosis into cytoplasm or other hypertonic fluid.

Receptor-Mediated Endocytosis

A cellular process where specific molecules are ingested into the cell after they bind to receptors on the cell surface.

Facilitated Diffusion

A process of passive transport, mediated by carrier proteins, allowing molecules to cross the cellular membrane along the concentration gradient without energy expenditure.

Osmotic Pressure

The pressure required to prevent the flow of solvent into a solution through a semipermeable membrane, driven by differences in solute concentration.