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​Exhibit 6-4 -Refer to Exhibit 6-4. Graph B Represents a Demand Curve

Question 94

Multiple Choice

​Exhibit 6-4 ​Exhibit 6-4 -Refer to Exhibit 6-4. Graph B represents a demand curve that is relatively ____in the range illustrated. 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 6-4. Graph B represents a demand curve that is relatively ____in the range illustrated. 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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