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 $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.
Correct Answer:

Verified
Correct Answer:
Verified
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