-If Demand for a Good Is Represented by Curve D

Multiple Choice

-If demand for a good is represented by curve D" in Figure 5-10,then an increase in supply of the good will cause the equilibrium

A) price to fall,but revenue will not change
B) quantity to fall,but revenue to rise
C) quantity to rise,but revenue will not change
D) price to rise,but revenue to fall
E) price to fall.Seller's total revenue could rise or fall depending on the price elasticity of demand