Refer to the graph shown. When price rises from $10 to $30:
A) lost revenue is represented by areas B and C and gained revenue is represented by area F.
B) gained revenue is represented by areas B and C and lost revenue is represented by area F.
C) lost revenue is represented by areas B, C, and D and gained revenue is represented by area A.
D) gained revenue is represented by areas B, C, and D and lost revenue is represented by area A.

Question

Refer to the graph shown. When price rises from $10 to $30: 
A) lost revenue is represented by areas B and C and gained revenue is represented by area F. 
B) gained revenue is represented by areas B and C and lost revenue is represented by area F. 
C) lost revenue is represented by areas B, C, and D and gained revenue is represented by area A. 
D) gained revenue is represented by areas B, C, and D and lost revenue is represented by area A.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown. When price rises from $10 to $30: 
A) lost revenue is represented by areas B and C and gained revenue is represented by area F. 
B) gained revenue is represented by areas B and C and lost revenue is represented by area F. 
C) lost revenue is represented by areas B, C, and D and gained revenue is represented by area A. 
D) gained revenue is represented by areas B, C, and D and lost revenue is represented by area A.

Refer to the Graph Shown