Refer to the Graph Shown

question 65

Multiple Choice

Refer to the graph shown. When price rises from $30 to $40:

• A) lost revenue is represented by areas C and E and gained revenue is represented by area A.
• B) gained revenue is represented by areas C and E and lost revenue is represented by area A.
• C) lost revenue is represented by areas B, C, D, and E and gained revenue is represented by area A.
• D) gained revenue is represented by areas B, C, D, and E and lost revenue is represented by area A.

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Definitions:

Executed

denotes something that has been completed, carried out, or fully accomplished according to plan or command.

Void

Having no legal force or effect; null and incapable of being ratified or confirmed.

Ambiguity

The presence of uncertainty or unclear meaning in language or situations.

Outside Evidence

refers to information not contained within the principal documents of a case, used to support a legal argument.