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Exhibit 4-C -Refer to Exhibit 4-C.Graph a Represents a Demand Curve That

Question 188

Multiple Choice

Exhibit 4-C Exhibit 4-C -Refer to Exhibit 4-C.Graph A 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 4-C.Graph A 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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