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    Essentials of Economics Study Set 7
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    Exam 5: Elasticity and Its Application
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    Figure 5-10 -Refer to Figure 5-10. Total Revenue When the Price Is
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Figure 5-10 -Refer to Figure 5-10. Total Revenue When the Price Is

Question 578

Question 578

Multiple Choice

Figure 5-10 Figure 5-10   -Refer to Figure 5-10. Total revenue when the price is P2 is represented by the areas)  A)  B + D. B)  A + B. C)  C + D. D)  D.
-Refer to Figure 5-10. Total revenue when the price is P2 is represented by the areas)


A) B + D.
B) A + B.
C) C + D.
D) D.

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