If Demand Is __________ and Price Is _________,Total Revenue Will

question 86

Multiple Choice

If demand is __________ and price is _________,total revenue will ________.

• A)inelastic;raised;increase
• B)elastic;raised;increase
• C)inelastic;lowered;increase
• D)elastic;lowered;decrease

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Definitions:

Prescription

An authorization written by a medical professional that allows a patient to obtain a specific medication or treatment.

Enema

A procedure involving the introduction of liquid into the rectum and colon to induce bowel movement or for diagnostic purposes.

Narcotic

A class of drugs that affect mood or behavior and are often used for pain relief, but can also lead to dependence or abuse.

Ointment

A semi-solid preparation applied topically to the skin or mucous membranes for therapeutic reasons.