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​Exhibit 6-2 ​

Question 237

Multiple Choice

​Exhibit 6-2
​ ​Exhibit 6-2 ​ -Refer to Exhibit 6-2. Elasticity varies along a linear demand curve. Graph B represents the section of the curve where: A) ​the curve is elastic. B) ​E<sub>d</sub> is > 1. C) ​starting at P<sub>1</sub>, an increase in price will lead to a decrease in total revenue. D) ​all of the above are correct.
-Refer to Exhibit 6-2. Elasticity varies along a linear demand curve. Graph B represents the section of the curve where:


A) ​the curve is elastic.
B) ​Ed is > 1.
C) ​starting at P1, an increase in price will lead to a decrease in total revenue.
D) ​all of the above are correct.

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