Table 4.2 - Demand Schedule for Automobiles

question 115

Multiple Choice

Table 4.2 - Demand schedule for automobiles
The following is a hypothetical demand schedule for automobiles.
-In Table 4.2,what is the total revenue from automobile sales at a price of $20,000 per auto?

• A) $80 billion per year.
• B) $40 billion per year.
• C) $24 billion per year.
• D) $20 billion per year.

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Definitions:

Cervical Enlargement

The thickening of the spinal cord in the neck region.

Sensory Tracts

Pathways in the nervous system that transmit sensory information from the peripheral body parts to the brain.

Cerebral Hemispheres

The two halves of the brain, divided by the longitudinal fissure, each controlling the opposite side of the body and responsible for different cognitive and physical functions.

Thalamus

A part of the brain that acts as a relay center, conveying sensory information to the appropriate areas of the brain for processing.