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Exhibit 5-26
-Refer to Exhibit 5-26. As you move from A to B on the demand curve, total revenue __________ and therefore the price elasticity must be ____________ between A and B.
Range
The difference between the highest and lowest values in a set of data.
Interquartile Range
A measure of variability, defined as the difference between the upper (75th percentile) and lower (25th percentile) quartiles.
Range
Range is the difference between the highest and lowest values in a set of data, indicating the spread or variability of the dataset.
Range
The difference between the highest and lowest values in a data set.
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