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10 May 2018
Use the figure below to answer the following questions. Price (dollars) Quantity Figure 4.1.2 17) Figure 4.1.2 illustrates a linear demand curve. If the price falls from $13 to $11, A) total revenue decreases. B) total revenue initially decreases then increases. C) total revenue remains unchanged. D) total revenue initially increases then decreases. E) total revenue increases.
Use the figure below to answer the following questions. Price (dollars) Quantity Figure 4.1.2 17) Figure 4.1.2 illustrates a linear demand curve. If the price falls from $13 to $11, A) total revenue decreases. B) total revenue initially decreases then increases. C) total revenue remains unchanged. D) total revenue initially increases then decreases. E) total revenue increases.
Deanna HettingerLv2
12 May 2018
