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The Following Diagram Shows the Demand Curve for Neckties

Question 93

Multiple Choice

The following diagram shows the demand curve for neckties. At point a, total expenditure on neckties is: ​
Figure 6.3​
​
The following diagram shows the demand curve for neckties. At point a, total expenditure on neckties is: ​ Figure 6.3​ ​ A) $5. B) $9. C) $20. D) $26. E) $45.


A) $5.
B) $9.
C) $20.
D) $26.
E) $45.

Correct Answer:

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