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Refer to the Following Table Showing a Demand Schedule  Price  Quantity  demanded $200100015014001001800\begin{array}{ll}\text { Price } & \text { Quantity } \\ &\text { demanded } \\\$ 200 &1000\\150 & 1400 \\100 & 1800\end{array}

Question 59

Multiple Choice

Refer to the following table showing a demand schedule:

 Price  Quantity  demanded $200100015014001001800\begin{array}{ll}\text { Price } & \text { Quantity } \\ &\text { demanded } \\\$ 200 &1000\\150 & 1400 \\100 & 1800\end{array}
-If price rises from $100 to $150,


A) arrows representing the price and quantity effects both point upward.
B) an arrow representing the price effect points upward and is shorter than an arrow for the quantity effect, which points downward.
C) total revenue moves up, or increase, as indicated by the direction of the arrow representing the price effect.
D) the arrow representing the price effect points down and the arrow representing the quantity effect points up.
E) both c and d

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