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-Refer to Figure 5

Question 59

Multiple Choice

-Refer to Figure 5.6.The demand for milkshakes is unitary elastic at point C.If the price of a milkshake is reduced from to ,total revenue: A) will increase. B) will decrease. C) will remain constant. D) could either increase or decrease.
-Refer to Figure 5.6.The demand for milkshakes is unitary elastic at point C.If the price of a milkshake is reduced from -Refer to Figure 5.6.The demand for milkshakes is unitary elastic at point C.If the price of a milkshake is reduced from to ,total revenue: A) will increase. B) will decrease. C) will remain constant. D) could either increase or decrease. to -Refer to Figure 5.6.The demand for milkshakes is unitary elastic at point C.If the price of a milkshake is reduced from to ,total revenue: A) will increase. B) will decrease. C) will remain constant. D) could either increase or decrease. ,total revenue:


A) will increase.
B) will decrease.
C) will remain constant.
D) could either increase or decrease.

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