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Exhibit 6-4 Refer to Exhibit 6-4

Question 64

Multiple Choice

Exhibit 6-4 Exhibit 6-4 Refer to Exhibit 6-4.Graph B represents a demand curve that is relatively ____.Total revenue ____ as the price decreases from $10 to $5. A) inelastic; decreases B) elastic; decreases C) elastic; increases D) inelastic; increases Refer to Exhibit 6-4.Graph B represents a demand curve that is relatively ____.Total revenue ____ as the price decreases from $10 to $5.


A) inelastic; decreases
B) elastic; decreases
C) elastic; increases
D) inelastic; increases

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