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Exhibit 8-12 If the Market Price Rises, the Total

Question 114

Multiple Choice

Exhibit 8-12 Exhibit 8-12 If the market price rises, the total revenue (TR) curve in Exhibit 8-12 will A) rotate upward and become steeper B) shift to the right C) rotate downward and become steeper D) not be affected E) shift to the left If the market price rises, the total revenue (TR) curve in Exhibit 8-12 will


A) rotate upward and become steeper
B) shift to the right
C) rotate downward and become steeper
D) not be affected
E) shift to the left

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