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Figure 6-5 -In Figure 6-5, If Price Falls from Point a to Point

Question 36

Multiple Choice

Figure 6-5 Figure 6-5   -In Figure 6-5, if price falls from point A to point B along the unit-elastic demand curve, A) total expenditure remains unchanged. B) total expenditure increases. C) total expenditure decreases. D) total expenditure first increases and then declines.
-In Figure 6-5, if price falls from point A to point B along the unit-elastic demand curve,


A) total expenditure remains unchanged.
B) total expenditure increases.
C) total expenditure decreases.
D) total expenditure first increases and then declines.

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