If Demand Is Unit Elastic

question 128

Multiple Choice

If demand is unit elastic:

• A) revenue and prices rise and fall together.
• B) revenue rises as price falls.
• C) revenue falls as price rises.
• D) revenue remains constant as price rises or falls.

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Definitions:

Sexual Fluidity

The concept that sexual attraction and preferences can change over time and are not fixed, indicating a spectrum of sexuality where individuals may experience shifts in whom they are attracted to.

Sexual-Orientation Mobility

The shifting of sexual attractions, behaviors, and identities over time.

Sexual Identification

The process of recognizing and defining oneself according to one's sexual orientation and preferences.

Sexual-minority Identity Formation

The process through which individuals who identify with a sexual orientation that is not exclusively heterosexual come to recognize and integrate this aspect of their identity into their overall self-concept.