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Exhibit 5­7 Which of the Following Is True Between

Question 64

Multiple Choice

Exhibit 5­7 Exhibit 5­7 Which of the following is true between points g and h in Exhibit 5­7? A) Total revenue remains constant at $180. B) Total revenue falls by $12. C) Total revenue falls by $60. D) Total revenue falls by $180. E) Demand is elastic. Which of the following is true between points g and h in Exhibit 5­7?


A) Total revenue remains constant at $180.
B) Total revenue falls by $12.
C) Total revenue falls by $60.
D) Total revenue falls by $180.
E) Demand is elastic.

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