EDV O Dropbox Folders CHV4,., . Reformation Era - CHM," O Quizzes - C|A4U 91+, An... 8 |ms.virtua|highschool.com CL om+ DE DE . Profit Maximization Uncle... Demand, Supply, and Price Unit Test Est. Length: 1:00:00 Time Taken:0:15:37 Niki Valimoghaddam: Attempt 1 u Homework Help - Q&A fr... E Prot Maximization Tablas X 1'): Start Page Page 1: 1 2 \\/ J 4 5 '/ -- 7 8 \\/ J 10 11 13 14 3 \\/ 6 \\/ 9 12 \\/ 15 U C) increase street crime because the addict's demand for heroin is highly elastic 0 d) reduce street crime because the addict's demand for heroin is highly inelastic Question 14 (1 point) 1)) Listen V The total-revenue test for elasticity: O a) does not apply to supply because price and quantity are directly related 0 b) does not apply to demand because price and quantity are inversely related 0 C) applies equally to both demand and supply 0 d) applies to supply only in the short-run Question 15 (1 point) 1)) Listen b If Hamburger Helper is an inferior good, then ceteris paribus, a decrease in income will lead to: A t