When Price Was 10,quantity Demanded Was 50

question 128

Multiple Choice

When price was 10,quantity demanded was 50.When price increased to 12,quantity demanded decreased to 40.Therefore,when price increased,total revenue

• A) decreased from 500 to 480, indicating that demand is inelastic.
• B) decreased from 500 to 480, indicating that demand is elastic.
• C) increased from 480 to 500, indicating that demand is inelastic.
• D) increased from 480 to 500, indicating that demand is elastic.

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Definitions:

Dura Mater

The outermost and toughest of the three membranes covering the brain and spinal cord, providing significant protection to the central nervous system.

Opaque

Describes a material or substance that is not transparent; light cannot pass through it.

Structural Features

The characteristics or components that make up the physical and architectural design of a structure or organism.

Septum Pellucidum

A thin, transparent membrane separating the lateral ventricles of the brain, involved in the circulation of cerebrospinal fluid.