Multiple Choice
Use the following to answer questions:
Figure: The Demand Curve
-(Figure: The Demand Curve) Look at the figure The Demand Curve. If the price is $8, total revenue is _____. If the price is $7, total revenue is _____.
A) $24; $16
B) $14; $21
C) $16; $21
D) $10; $10
Correct Answer:

Verified
Correct Answer:
Verified
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