If the Supply of a Good Decreases and It Causes

question 174

Multiple Choice

If the supply of a good decreases and it causes total revenue to increase,this shows that the good has an

• A) inelastic demand
• B) elastic demand
• C) unit elastic demand
• D) inelastic supply
• E) elastic supply

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Definitions:

Developmental Psychopathology

The study of the development of psychological disorders, with an emphasis on the interplay of biological, psychological, and social factors.

ADHD

Attention Deficit Hyperactivity Disorder is a neurodevelopmental condition marked by tendencies towards inattention, hyperactivity, and impulsive behavior.

Misdiagnosis

The incorrect identification of a disease or condition by a healthcare professional, which can lead to inappropriate treatment and outcomes.

Multifinality

A basic principle of developmental psychopathology that holds that one cause can have many (multiple) final manifestations.