Multiple Choice
Figure 5-16
-Refer to Figure 5-16.If,holding the supply curve fixed,there were an increase in demand that caused the equilibrium price to increase from $6 to $8,then sellers' total revenue would
A) increase.
B) decrease.
C) remain unchanged.
D) The effect on total revenue cannot be determined from the given information.
Correct Answer:

Verified
Correct Answer:
Verified
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