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Figure: Elasticity and Revenue Refer to the Figure

Question 156

Multiple Choice

Figure: Elasticity and Revenue Figure: Elasticity and Revenue Refer to the figure. When the price of the product rises from $4 to $6, the total revenue changes by the area(s) represented by: A) F. B) F - E. C) F - (E +B) . D) F + D + A. Refer to the figure. When the price of the product rises from $4 to $6, the total revenue changes by the area(s) represented by:


A) F.
B) F - E.
C) F - (E +B) .
D) F + D + A.

Correct Answer:

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