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Exhibit 5-8 Which of the Following Is Not True

Question 83

Multiple Choice

Exhibit 5-8 Exhibit 5-8 Which of the following is not true in the range of the total revenue curve labeled A in Exhibit 5-8? A) Demand is inelastic. B) Total revenue is increasing. C) Total revenue is positive. D) Demand is elastic. E) Demand elasticity decreases as total revenue increases. Which of the following is not true in the range of the total revenue curve labeled A in Exhibit 5-8?


A) Demand is inelastic.
B) Total revenue is increasing.
C) Total revenue is positive.
D) Demand is elastic.
E) Demand elasticity decreases as total revenue increases.

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