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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: The Elasticity of Demand
  5. Question
    Figure 5-9 -Refer to Figure 5-9.If the Price Rises from Point D
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Figure 5-9 -Refer to Figure 5-9.If the Price Rises from Point D

Question 28

Question 28

Multiple Choice

Figure 5-9 Figure 5-9   -Refer to Figure 5-9.If the price rises from point D to point C,total revenue A) increases,and demand is price elastic. B) decreases,and demand is price elastic. C) increases,and demand is price inelastic. D) decreases,and demand is price inelastic.
-Refer to Figure 5-9.If the price rises from point D to point C,total revenue


A) increases,and demand is price elastic.
B) decreases,and demand is price elastic.
C) increases,and demand is price inelastic.
D) decreases,and demand is price inelastic.

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