Figure 5-4
-Refer to Figure 5-4.If the price increases in the region of the demand curve between points A and B,we can expect total revenue to
A)increase.
B)stay the same.
C)decrease.
D)first increase,then decrease until total revenue is maximized.

Question

Figure 5-4 
-Refer to Figure 5-4.If the price increases in the region of the demand curve between points A and B,we can expect total revenue to
A)increase. 
B)stay the same. 
C)decrease. 
D)first increase,then decrease until total revenue is maximized.

Quizplus · Accepted Answer

The Answer of Figure 5-4 
-Refer to Figure 5-4.If the price increases in the region of the demand curve between points A and B,we can expect total revenue to
A)increase. 
B)stay the same. 
C)decrease. 
D)first increase,then decrease until total revenue is maximized.

Figure 5-4 -Refer to Figure 5-4.If the Price Increases in the Region