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Figure 5-11 -Refer to Figure 5-11.If the Price Rises from Point D

Question 245

Multiple Choice

Figure 5-11
Figure 5-11 -Refer to Figure 5-11.If the price rises from point D to point C,total revenue A) increases, and demand is price elastic. B) decreases, and demand is price elastic. C) increases, and demand is price inelastic. D) decreases, and demand is price inelastic.
-Refer to Figure 5-11.If the price rises from point D to point C,total revenue


A) increases, and demand is price elastic.
B) decreases, and demand is price elastic.
C) increases, and demand is price inelastic.
D) decreases, and demand is price inelastic.

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