Label the scenarios as examples of elastic, inelastic, or unit elastic demand. when ruko, a device used to stream movies at home, increases prices by 54 %, total revenue decreases by 67 %. when cinema supreme increases ticket prices by 26 %, total revenue does not change. when bluebox, a dvd rental kiosk, increases its prices by 49 %, total revenue increases by 25 %.

Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.