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    Economics Principles and Policy Study Set 1
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    Exam 6: Demand and Elasticity
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    Figure 6-4 -In Figure 6-4, Total Expenditure ____ as Price Falls from as Price
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Figure 6-4 -In Figure 6-4, Total Expenditure ____ as Price Falls from as Price

Question 29

Question 29

Multiple Choice

Figure 6-4
Figure 6-4    -In Figure 6-4, total expenditure ____ as price falls from P = 12 to P = 10. A) falls  B) stays constant  C) rises  D) rises by more than $12
-In Figure 6-4, total expenditure ____ as price falls from P = 12 to P = 10.


A) falls 
B) stays constant 
C) rises 
D) rises by more than $12

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