The elasticity in the vicinity of five different points along a demand curve varies as follows: $\begin{array}{lcccc}
\text { Point } & \text { A } & \text { B } & \text { C } & \text { D }&\text {E} \
\text { Elasticity } & 1.25 & 0.3 & 1.0 & 0.2&2.1
\end{array}$
At which of these points would a price increase be accompanied by an increase in total revenue?
A)B and D
B)A and E
C)A, C, and E
D)A and D

Question

The elasticity in the vicinity of five different points along a demand curve varies as follows: $\begin{array}{lcccc}
\text { Point } & \text { A } & \text { B } & \text { C } & \text { D }&\text {E} \
\text { Elasticity } & 1.25 & 0.3 & 1.0 & 0.2&2.1
\end{array}$ 
 At which of these points would a price increase be accompanied by an increase in total revenue?
A)B and D
B)A and E
C)A, C, and E
D)A and D

Quizplus · Accepted Answer

The Answer of The elasticity in the vicinity of five different points along a demand curve varies as follows: $\begin{array}{lcccc}
\text { Point } & \text { A } & \text { B } & \text { C } & \text { D }&\text {E} \
\text { Elasticity } & 1.25 & 0.3 & 1.0 & 0.2&2.1
\end{array}$ 
 At which of these points would a price increase be accompanied by an increase in total revenue?
A)B and D
B)A and E
C)A, C, and E
D)A and D

The Elasticity in the Vicinity of Five Different Points Along