Refer to the Graph Shown

question 171

Multiple Choice

Refer to the graph shown. When price increases from $4 to $6, total revenue:

• A) increases from $200 to $250.
• B) increases from $150 to $200.
• C) decreases from $200 to $150.
• D) decreases from $250 to $200.

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Definitions:

Drawer

In banking, the party that writes or issues a check. In a broader contract or legal sense, it can refer to the person who drafts or creates a document.

Cashier's Check

A check issued by a bank, drawn on its own funds rather than that of the purchaser, guaranteeing payment to the payee.

Issuer

An entity that issues and is responsible for a financial instrument, such as bonds, stocks, or credit cards.

Forged Signature

A signature that is fraudulently imitated or duplicated without the rightful owner's permission, often to deceive or commit a crime.