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-In the Figure Above, What Happens to Total Revenue as We

Question 55

Multiple Choice

-In the figure above, what happens to total revenue as we move from point A to point B? A) It remains constant. B) It decreases. C) It becomes negative. D) It increases. E) More information about the elasticity of demand is needed to determine if it increases, decreases or does not change.
-In the figure above, what happens to total revenue as we move from point A to point B?


A) It remains constant.
B) It decreases.
C) It becomes negative.
D) It increases.
E) More information about the elasticity of demand is needed to determine if it increases, decreases or does not change.

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