Refer to the data in Figure 22.1. The shape of the total revenue curve indicates that the price of this good
A) Falls as output rises.
B) Rises as output rises.
C) Stays the same as output rises.
D) Falls at first as output rises, but then rises as output rises.

Question

Refer to the data in Figure 22.1. The shape of the total revenue curve indicates that the price of this good
A) Falls as output rises. 
B) Rises as output rises. 
C) Stays the same as output rises. 
D) Falls at first as output rises, but then rises as output rises.

Quizplus · Accepted Answer

The Answer of  Refer to the data in Figure 22.1. The shape of the total revenue curve indicates that the price of this good
A) Falls as output rises. 
B) Rises as output rises. 
C) Stays the same as output rises. 
D) Falls at first as output rises, but then rises as output rises.

Refer to the Data in Figure 22