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    Principles of Microeconomics
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    Exam 5: Elasticity and Its Application
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    Figure 5-12 -Refer to Figure 5-12.Total Revenue When the Price Is P₁
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Figure 5-12 -Refer to Figure 5-12.Total Revenue When the Price Is P₁

Question 446

Question 446

Multiple Choice

Figure 5-12
Figure 5-12    -Refer to Figure 5-12.Total revenue when the price is P₁ is represented by the area(s)  A)  B + D. B)  A + B. C)  C + D. D)  D.
-Refer to Figure 5-12.Total revenue when the price is P₁ is represented by the area(s)


A) B + D.
B) A + B.
C) C + D.
D) D.

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