Multiple Choice
Exhibit 5-8 
Which of the following is not true in the range of the total revenue curve labeled A in Exhibit 5-8?
A) Demand is inelastic.
B) Total revenue is increasing.
C) Total revenue is positive.
D) Demand is elastic.
E) Demand elasticity decreases as total revenue increases.
Correct Answer:
Verified
Correct Answer:
Verified
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