A Lectern Allows a Speaker to Use Both Hands for Gestures

question 83

True/False

A lectern allows a speaker to use both hands for gestures.

---

Definitions:

Price Elastic

Describes how sensitive the demand for a good or service is to changes in its price.

Income Elasticity

A measure of how much the demand for a good or service changes in response to a change in the income of consumers.

Demand Is Elastic

A situation where the quantity demanded of a product changes significantly with a change in its price.

Total Revenue

The overall amount of money earned by a firm from the sale of its products or services before any costs are subtracted.