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Figure 5-6 -Refer to Figure 5-6.If the Price Decreased from $18 to from $18

Question 195

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Figure 5-6 Figure 5-6 -Refer to Figure 5-6.If the price decreased from $18 to $6, A) total revenue would increase by $1,200,and demand is elastic between points A and C. B) total revenue would increase by $800,and demand is elastic between points A and C. C) total revenue would decrease by $1,200,and demand is inelastic between points A and C. D) total revenue would decrease by $800,and demand is inelastic between points A and C.
-Refer to Figure 5-6.If the price decreased from $18 to $6,


A) total revenue would increase by $1,200,and demand is elastic between points A and C.
B) total revenue would increase by $800,and demand is elastic between points A and C.
C) total revenue would decrease by $1,200,and demand is inelastic between points A and C.
D) total revenue would decrease by $800,and demand is inelastic between points A and C.

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