Table 52 -Refer to Table 5

question 38

Multiple Choice

Table 5.2
$\begin{array}{c}\begin{array}{lll}\\ \text {Old}\\ \text {New}\end{array}\begin{array}{lll}\text {Quantity}\\\hline 20\\10\end{array}\begin{array}{lll}\text{ Price}\\\hline \$ 40 \\ \$ 60 \end{array}\end{array}$


-Refer to Table 5.2,which shows the price and quantity combinations for a product.The demand for the good is _____,and an increase in the price of the product from $40 to $60 per unit will _____ total revenue.

• A)unit elastic; increase
• B)elastic; decrease
• C)unit elastic; not change
• D)inelastic; increase.
• E)elastic; decrease.

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Definitions:

Keep Together

A setting or property in reporting and document layout design that ensures related items, such as records or lines of text, are not split across pages or sections.

Report Design View

A configuration interface in reporting software where users can create and modify the layout and structure of reports, including selecting what data to display and how it is formatted.

Arrow Keys

Keyboard keys (up, down, left, right) used for moving the cursor or navigating through items on a screen.

Form Design View

An interface in database applications that allows users to create or edit the layout of forms used for entering, displaying, and editing data.