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

Question

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

Quizplus · Accepted Answer

The Answer of  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