If Price _____ and Revenue _____,Demand Is Elastic

question 127

Multiple Choice

If price _____ and revenue _____,demand is elastic.

• A) goes up; goes down
• B) goes down; goes down
• C) goes down; goes up
• D) down; stays the same
• E) goes up; stays the same

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Definitions:

Social Movements

Collective, organized efforts aiming to promote or resist change in society regarding specific issues.

Dominant Culture

The values, norms, and practices of the group within society that is most powerful (in terms of wealth, prestige, status, influence, etc.).

Social Change

A process where significant alteration of behavior patterns, cultural values, and norms occurs over time in a society.

French Revolution

A period of radical social and political upheaval in France that began in 1789 and led to the end of monarchy, rise of democracy, and the execution of Louis XVI.