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Consider the Demand Curve Above

Question 196

Multiple Choice

  Consider the demand curve above. If area 0ABC is smaller than area 0DEF, it suggests that if the price increases from OD to OA, then total revenues of sellers will A) increase. B) decrease. C) remain constant. D) equal zero. Consider the demand curve above. If area 0ABC is smaller than area 0DEF, it suggests that if the price increases from OD to OA, then total revenues of sellers will


A) increase.
B) decrease.
C) remain constant.
D) equal zero.

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