Figure 12-2 -Refer to Figure 12-2.Why Is the Total Revenue Curve a Total

Multiple Choice

Figure 12-2

-Refer to Figure 12-2.Why is the total revenue curve a ray from the origin?

A) because revenue increases at an increasing rate
B) because revenue increases at a decreasing rate
C) because the firm can sell its product at a constant price
D) because the firm must lower its price to sell more