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Refer to the Graph Shown

Question 65

Multiple Choice

Refer to the graph shown. When price rises from $30 to $40: Refer to the graph shown. When price rises from $30 to $40:   A)  lost revenue is represented by areas C and E and gained revenue is represented by area A. B)  gained revenue is represented by areas C and E and lost revenue is represented by area A. C)  lost revenue is represented by areas B, C, D, and E and gained revenue is represented by area A. D)  gained revenue is represented by areas B, C, D, and E and lost revenue is represented by area A.


A) lost revenue is represented by areas C and E and gained revenue is represented by area A.
B) gained revenue is represented by areas C and E and lost revenue is represented by area A.
C) lost revenue is represented by areas B, C, D, and E and gained revenue is represented by area A.
D) gained revenue is represented by areas B, C, D, and E and lost revenue is represented by area A.

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