Total Revenue Will Fall If

question 108

Multiple Choice

Total revenue will fall if

• A)demand for a good is inelastic and its price rises.
• B)demand for a good is elastic and its price rises.
• C)demand for a good is elastic and its price falls.
• D)All of the choices are true.

---

Definitions:

Client

An individual or organization that engages the professional services or advice of another person or company.

Mobile Device

A portable computing device such as a smartphone or tablet that has the capability to connect to wireless networks.

Habits

Regularly repeated behaviors or practices that are often done unconsciously and can be difficult to change.

Attitude

A consistent attitude or sentiment towards a person or subject, usually influencing one's actions.