Refer to the graph shown. If the government imposed a price ceiling of $4, producers' revenue would:
A) rise.
B) decline.
C) remain unchanged.
D) It cannot be determined.

Question

Refer to the graph shown. If the government imposed a price ceiling of $4, producers' revenue would: 
A) rise. 
B) decline. 
C) remain unchanged. 
D) It cannot be determined.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown. If the government imposed a price ceiling of $4, producers' revenue would: 
A) rise. 
B) decline. 
C) remain unchanged. 
D) It cannot be determined.

Refer to the Graph Shown