Exhibit 19-3 -Refer to Exhibit 19-3. If Price Decreases from $5.50 to Decreases

Multiple Choice

Exhibit 19-3

-Refer to Exhibit 19-3. If price decreases from $5.50 to $4.50, total revenue along the demand curve

A) increases to $67.50.
B) increases to $87.50.
C) remains at $87.50.
D) decreases to $67.50.
E) decreases to $27.50.