If the Demand Curve Is Linear and Downward Sloping,which of the Following

question 294

Multiple Choice

If the demand curve is linear and downward sloping,which of the following statements is not correct?

• A)Demand is more elastic on the lower part of the demand curve than on the upper part.
• B)Different pairs of points on the demand curve can result in different values of the price elasticity of demand.
• C)Different pairs of points on the demand curve result in identical values of the slope of the demand curve.
• D)Starting from a point on the upper part of the demand curve,an increase in price leads to a decrease in total revenue.

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Definitions:

Flooding

A psychological technique used in behavior therapy, often for phobias, where the patient is exposed to an overwhelming amount of the anxiety-provoking stimulus in order to reduce the fear response.

Implosive Therapy

A therapeutic technique where clients are exposed to their fears in a controlled environment to reduce anxiety.

Exposure Therapy

A psychological treatment that helps individuals face and gain control of fears and distressing emotions by systematic and repeated exposure to the feared object or context.

Depressive Symptoms

Manifestations of depression, which can include sadness, loss of interest or pleasure in activities, changes in weight or sleep, and feelings of worthlessness or guilt.