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Figure 5-3 -Refer to Figure 5-3.If Price Falls Within the a Range

Question 2

Multiple Choice

Figure 5-3
Figure 5-3 -Refer to Figure 5-3.If price falls within the A range of the demand curve we can expect total revenue to A) increase. B) decrease. C) stay the same. D) This determination cannot be made without further information.
-Refer to Figure 5-3.If price falls within the A range of the demand curve we can expect total revenue to


A) increase.
B) decrease.
C) stay the same.
D) This determination cannot be made without further information.

Correct Answer:

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