The Figure Given Below Shows the Demand Curve Faced by a Firm

question 5

Multiple Choice

The figure given below shows the demand curve faced by a firm. Figure 24.1 Refer to Figure 24.1 and calculate the revenue gained by the firm when it reduces the price of its product from $8 to $4.

• A)$4
• B)$8
• C)$32
• D)$16
• E)$10

---

Definitions:

Therapeutic Approach

A method or strategy used in treatment to alleviate or cure diseases, disorders, and various health conditions.

Saline Enema

A medical procedure involving the injection of saline solution into the rectum to stimulate bowel movement and relieve constipation.

Abdominal Discomfort

A general term for pain or discomfort felt in the belly area, which can have many causes ranging from indigestion to more serious medical conditions.