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Use the Figure Below to Answer the Following Questions

Question 101

Multiple Choice

Use the figure below to answer the following questions. 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 $13 to $11, A) total revenue increases. B) total revenue decreases. C) total revenue remains unchanged. D) total revenue initially increases then decreases. E) total revenue initially decreases then increases. Figure 4.1.2
-Figure 4.1.2 illustrates a linear demand curve.If the price falls from $13 to $11,


A) total revenue increases.
B) total revenue decreases.
C) total revenue remains unchanged.
D) total revenue initially increases then decreases.
E) total revenue initially decreases then increases.

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