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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: The Elasticity of Demand
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    Figure 5-12 -Refer to Figure 5-12.Sellers' Total Revenue Would Increase If the Increase
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Figure 5-12 -Refer to Figure 5-12.Sellers' Total Revenue Would Increase If the Increase

Question 243

Question 243

Multiple Choice

Figure 5-12 Figure 5-12   -Refer to Figure 5-12.Sellers' total revenue would increase if the price A) increased from $12 to $15. B) decreased from $39 to $36. C) decreased from $27 to $24. D) All of the above are correct.
-Refer to Figure 5-12.Sellers' total revenue would increase if the price


A) increased from $12 to $15.
B) decreased from $39 to $36.
C) decreased from $27 to $24.
D) All of the above are correct.

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