An Increase in Total Revenue Will Result If

question 395

Multiple Choice

An increase in total revenue will result if

• A) demand is inelastic and price increases.
• B) demand is elastic and price increases.
• C) demand is inelastic and price decreases.
• D) demand is unitary elastic and price decreases.

---

Definitions:

Hurricanes

Powerful tropical storms with violent winds and heavy rain, formed over warm ocean waters.

Rainforest

A dense, tropical forest receiving high annual rainfall, home to a vast diversity of flora and fauna.

Drumlin

A commonly teardrop-shaped hill formed when a glacier reshapes glacial deposits.

Roché Moutonnée

A rock formation created by glacial erosion that leaves one side of the rock smooth and polished and the other rugged and plucked.