Exhibit 19-5 ​ Refer to Exhibit 19-5. Assume That the Seller of X

Multiple Choice

Exhibit 19-5 ​

Refer to Exhibit 19-5. Assume that the seller of X increases the price from $1.50 to $2.00, and this results in an increase in total revenue. Which of the graphs could represent the demand curve for X?

A) (1)
B) (2)
C) (3)
D) There is not enough information provided to answer this question.