If Demand Is Unit Elastic a Small Increase in Price

question 27

Multiple Choice

If demand is unit elastic a small increase in price will

• A)raise total revenue.
• B)lower total revenue.
• C)not change total revenue.

Understand the concept of sexual orientation and its determination.

Recognize the concepts related to self-determination theory, including basic human needs according to the theory.

Critically evaluate the needs and motivations influencing human behavior and personal fulfillment.

Understand the different sources of power within an organization and the context in which they are most effective.

---

Definitions:

Field Dependence

A cognitive style characterized by a reliance on external frames of reference and the tendency to perceive objects as a whole rather than as separate parts.

Slanted Wording

Slanted wording involves the use of biased, misleading, or emotionally charged language to influence an audience's perception.

Ethnic Groups

Groups of people who identify with each other through a shared heritage, culture, language, or common ancestry.

Speaker Attitude

The feelings or views that a speaker has towards the subject or audience, often conveyed through tone or choice of words.