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5 Jun 2018
Use the figure below to answer the following questions. Price (dollars) Quantity Figure 4.1.2 24) Figure 4.1.2 illustrates a linear demand curve. If the price falls from $13 to $11, A) total revenue increases. B) total revenue decreases. C) total revenue initially decreases then increases. D) total revenue remains unchanged. E) total revenue initially increases then decreases.
Use the figure below to answer the following questions. Price (dollars) Quantity Figure 4.1.2 24) Figure 4.1.2 illustrates a linear demand curve. If the price falls from $13 to $11, A) total revenue increases. B) total revenue decreases. C) total revenue initially decreases then increases. D) total revenue remains unchanged. E) total revenue initially increases then decreases.
Jarrod RobelLv2
7 Jun 2018
