If the price elasticity of demand is unit elastic, a 10 percent increase in price will result in a 10 percent increase in revenue

Suppose the government imposes a price support that is above the equilibrium price. As a result,

A) total revenue increases. B) consumer surplus increases. C) the marginal cost of the last unit produced decreases. D) the government has effectively imposed a price ceiling. E) the subsidy the government pays decreases.

Give an example of a pair of variables that have a positive correlation, a pair of variables that have a negative correlation, and a pair of variables that have zero correlation

What will be an ideal response?