On a Downward-Sloping Linear Demand Curve,total Revenue Reaches Its Maximum

question 101

Multiple Choice

On a downward-sloping linear demand curve,total revenue reaches its maximum value at the

• A)midpoint of the demand curve.
• B)lower end of the demand curve.
• C)upper end of the demand curve.
• D)It is impossible to tell without knowing prices and quantities demanded.

---

Definitions:

Maxilla

The upper jawbone, responsible for forming the upper dental arch.

Sinus

Hollow in a bone or other tissue; enlarged channel for blood or lymph.

Zygomatic Bone

A bone on the side of the skull forming the prominence of the cheek and contributing to the orbits surrounding the eyes.

Nasal Bone

One of a pair of small bones forming the upper part of the bridge of the nose.