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Figure: The Market for Gas Stations Use the following to answer question: Figure: The Market for Gas Stations   -(Figure: The Market for Gas Stations) Use Figure: The Market for Gas Stations.The figure shows curves facing a typical gas station in a large town.The market is characterized by many firms,differentiated products,easy entry,and easy exit.If the gas station shown here were to raise its price above the profit-maximizing price,the outcome would be _____ in total revenue. A) a reduction B) an increase C) no change D) Not enough information is given to answer the question.
-(Figure: The Market for Gas Stations) Use Figure: The Market for Gas Stations.The figure shows curves facing a typical gas station in a large town.The market is characterized by many firms,differentiated products,easy entry,and easy exit.If the gas station shown here were to raise its price above the profit-maximizing price,the outcome would be _____ in total revenue.


A) a reduction
B) an increase
C) no change
D) Not enough information is given to answer the question.

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