Multiple Choice
Use the figure below to answer the following questions. Figure 4.1.2
-Figure 4.1.2 illustrates a linear demand curve.If the price falls from $4 to $2,
A) total revenue increases.
B) total revenue decreases.
C) total revenue remains unchanged.
D) the quantity demanded increases by more than 10 percent.
E) the percentage change in quantity demanded is more than the percentage change in price.
Correct Answer:

Verified
Correct Answer:
Verified
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