When demand is unit elastic, an increase in price will cause total revenue to increase, stay the same, or decrease, depending on the corresponding change in quantity demanded

The owner of each share of a corporation's stock:

a. has the right to cast one vote for electing its board of directors. b. is entitled to 1 percent of the total profit earned by the firm. c. has the right to participate in its overall supervision. d. is liable for 1 percent of the total loss incurred by the company.

Macroeconomics studies the behavior of aggregates while microeconomics studies the behavior of individual decision-making units

a. True b. False