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Figure 4.2 -In Figure 4.2 at Quantities Larger Than Q1

Question 147

Multiple Choice

Figure 4.2 -In Figure 4.2 at quantities larger than Q1: A) total revenue is rising. B) price elasticity is greater than 1. C) price and total revenue are directly related. D) all of the above Figure 4.2
-In Figure 4.2 at quantities larger than Q1:


A) total revenue is rising.
B) price elasticity is greater than 1.
C) price and total revenue are directly related.
D) all of the above

Correct Answer:

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