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    Exam 6: Elasticity and Demand
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    Use the Figure Below, Which Shows a Linear Demand Curve
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Use the Figure Below, Which Shows a Linear Demand Curve

Question 61

Question 61

Multiple Choice

Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the questions.

Use the figure below, which shows a linear demand curve and the associated total revenue curve, to answer the  questions.     -The maximum possible total revenue is $_________. A)  10,500 B)  11,000 C)  11,500 D)  12,000 E)  12,500
-The maximum possible total revenue is $_________.


A) 10,500
B) 11,000
C) 11,500
D) 12,000
E) 12,500

Correct Answer:

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