Multiple Choice
Exhibit 5-26
-Refer to Exhibit 5-26. As you move from A to B on the demand curve, total revenue __________ and therefore the price elasticity must be ____________ between A and B.
A) stays the same; unitary
B) decreases; inelastic
C) increases; elastic
D) decreases; elastic
E) increases, inelastic
Correct Answer:

Verified
Correct Answer:
Verified
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