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NARRBEGIN: Exhibit 5-26 Exhibit 5-25

Question 154

Multiple Choice

NARRBEGIN: Exhibit 5-26
Exhibit 5-25
NARRBEGIN: Exhibit 5-26 Exhibit 5-25 -Refer to exhibit 5-25. As you move from A to B on the demand curve, total revenue __________ and therefore the price elasticity must be ____________ between A and B. A) stays the same; unitary B) decreases; inelastic C) increases; elastic D) decreases; elastic E) increases, inelastic
-Refer to exhibit 5-25. As you move from A to B on the demand curve, total revenue __________ and therefore the price elasticity must be ____________ between A and B.


A) stays the same; unitary
B) decreases; inelastic
C) increases; elastic
D) decreases; elastic
E) increases, inelastic

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