-In the Figure Above, What Happens to Total Revenue as We

question 55

Multiple Choice

-In the figure above, what happens to total revenue as we move from point A to point B?

• A) It remains constant.
• B) It decreases.
• C) It becomes negative.
• D) It increases.
• E) More information about the elasticity of demand is needed to determine if it increases, decreases or does not change.

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Definitions:

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