Which of the Following Statements Is Not True?​

question 89

Multiple Choice

Which of the following statements is not true?​

• A)A perfectly elastic demand curve is a constant-elasticity demand curve.
• B)A linear demand curve with a slope of −4 is a constant-elasticity demand curve.
• C)A perfectly inelastic demand curve is a constant-elasticity demand curve.
• D)Total revenue increases along a unit-elastic demand curve.
• E)The elasticity value for a perfectly elastic demand curve is zero.

Understand the concept of job rotation and its requirements for implementation.

Comprehend the benefits and challenges of maintaining pay secrecy within organizations.

Appreciate the need for making work interesting to maintain high levels of employee motivation and suggest methods to achieve it.

Understand the key elements and processes of effective communication.

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Definitions:

Interest

The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.

Withdrawals

Money or resources taken out from a system, economy, or savings for various purposes, reducing the total available amount.

Future Value

The future worth of a current asset on a certain date, calculated by presuming a specific growth rate over a period.

Initial Deposit

The first amount of money placed in an account or investment, often setting the foundation for future financial growth.