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According to Figure 13-7 Above,if Red Baron Raises Its Price

Question 8

Multiple Choice

According to Figure 13-7 above,if Red Baron raises its price frozen cheese pizzas from $6 per pizza to $7 per pizza,what happens to total revenue?


A) total revenue goes up
B) total revenue goes down
C) total revenue stays the same
D) total revenue is not related to the price charged
E) it is impossible to tell from the information given in the figure

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