Total Revenue Will Decrease If Price

question 119

Multiple Choice

Total revenue will decrease if price

• A)rises and demand is inelastic.
• B)falls and demand is unit elastic.
• C)rises and demand is unit elastic.
• D)rises and demand is elastic.
• E)falls and demand is elastic.

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Definitions:

Hostile Work Environment

A workplace characterized by severe or pervasive harassment, intimidation, or discrimination that alters working conditions and creates a toxic atmosphere.

Natural Resources

Resources that exist without the actions of humankind, originating from the Earth and its environment, such as water, air, soil, minerals, and forests.

Capital

Production inputs consisting of technology, tools, information, and physical facilities.

Human Resources

The department within an organization that manages all matters related to employees, including hiring, training, development, and compliance with labor laws.