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The Demand Curve Facing the Firm Has Been Estimated as Follows

Question 16

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The demand curve facing the firm has been estimated as follows:
The demand curve facing the firm has been estimated as follows:   - Which of the following statements about the firm's total revenue is correct? A) If the firm sold 3 units of output,it would have revenues totaling $540. B) If the firm sold 7 units of output,it would have revenues totaling $980. C) If the firm increased output from 2 units to 3 units,total revenue would decline. D) If the firm increased output from 6 units to 7 units,total revenue would decline. E) If the firm decreased output from 6 units to 5 units,total revenue would decline.
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Which of the following statements about the firm's total revenue is correct?


A) If the firm sold 3 units of output,it would have revenues totaling $540.
B) If the firm sold 7 units of output,it would have revenues totaling $980.
C) If the firm increased output from 2 units to 3 units,total revenue would decline.
D) If the firm increased output from 6 units to 7 units,total revenue would decline.
E) If the firm decreased output from 6 units to 5 units,total revenue would decline.

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