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Refer to the Graph Above

Question 15

Multiple Choice

Refer to the graph above.If the price increases from P<sub>1</sub> to P<sub>2</sub>,then the gain in total revenue is areas: A) B + E and the loss in total revenue is areas H + I + J. B) C + F + H and the loss in total revenue is area J. C) E + F + G and the loss in total revenue is area J. D) A + B + C and the loss in total revenue is areas G + I + J. Refer to the graph above.If the price increases from P1 to P2,then the gain in total revenue is areas:


A) B + E and the loss in total revenue is areas H + I + J.
B) C + F + H and the loss in total revenue is area J.
C) E + F + G and the loss in total revenue is area J.
D) A + B + C and the loss in total revenue is areas G + I + J.

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