Figure 5-10 -Refer to Figure 5-10. If Rectangle D Is Larger Than

question 39

Multiple Choice

Figure 5-10
-Refer to Figure 5-10. If rectangle D is larger than rectangle A, then

• A) demand is elastic between prices P1 and P2.
• B) a decrease in price from P2 to P1 will cause an increase in total revenue.
• C) the magnitude of the percent change in price between P1 and P2 is smaller than the magnitude of the corresponding percent change in quantity demanded.
• D) All of the above are correct.