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Use the Following for Questions 108-115

Question 227

Multiple Choice

Use the following for questions 108-115.
Exhibit: The Demand for Bungalow Bob's Bagels
Use the following for questions 108-115. Exhibit: The Demand for Bungalow Bob's Bagels    -(Exhibit: The Demand for Bungalow Bob's Bagels)  Total revenue increases if the price ________ from ________. A)  decreases; $0.50 to $0.40 B)  decreases; $0.70 to $0.60 C)  increases; $0.50 to $0.60 D)  increases; $0.70 to $0.80
-(Exhibit: The Demand for Bungalow Bob's Bagels) Total revenue increases if the price ________ from ________.


A) decreases; $0.50 to $0.40
B) decreases; $0.70 to $0.60
C) increases; $0.50 to $0.60
D) increases; $0.70 to $0.80

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