When Demand Elasticity Is ____ in Absolute Value (Or ____),An

question 19

Multiple Choice

When demand elasticity is ____ in absolute value (or ____) ,an increase in price will result in a(n) ____ in total revenues.

• A) less than 1; elastic; increase
• B) more than 1; inelastic; decrease
• C) less than 1; elastic; decrease
• D) less than 1; inelastic; increase
• E) none of the above

---

Definitions:

Sociologists

Experts or scientists who study the development, structure, and functioning of human society and the behavior of individuals in social groups.

Block Scheduling

An organizational timetable for schools in which class times are longer and fewer subjects are studied in a day, but for longer periods.

Leading Question

A type of question that suggests to the respondent the desired answer, often by implying or directly stating the expected response.

Double-Barreled Question

A question that combines two different issues into one, making it difficult for respondents to answer accurately, often leading to confusion and unreliable data.