Exhibit 6-4 
-Refer to Exhibit 6-4. Graph A represents a demand curve that is relatively ____in the range illustrated. Total revenue ____ as the price decreases from $10 to $5.
Definitions:
Offeror's Estate
In contract law, refers to the handling of an offeror's outstanding offers after their death, focusing on whether these offers can still be accepted.
Silence
The absence of sound or the choice to refrain from speaking or making noise.
Legal Recognition
The formal acknowledgment by a legal authority that validates the status, rights, or legitimacy of an entity, action, or agreement.
Unilateral Contract
A contract in which only one party makes an enforceable promise to do or refrain from doing something if the other party performs some act.
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