If the Elasticity of Demand for a Service Is 0

question 96

Multiple Choice

If the elasticity of demand for a service is 0.4 and price is raised,

• A)total revenue will fall.
• B)total revenue will rise.
• C)total revenue will stay the same.
• D)there is no way to determine whether total revenue will rise,fall,or remain the same.

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Definitions:

Lymph

Fluid, derived from interstitial fluid, that is carried in lymphatic vessels.

Innate Immunity

An immune response that does not require a previous exposure to the pathogen.

T Cells

A type of white blood cell that plays a central role in the immune response, capable of identifying and eliminating infected cells.

B Cells

A type of white blood cell that plays a significant role in the adaptive immune response, producing antibodies against antigens.