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Refer to the Above Graph

Question 218

Multiple Choice

  Refer to the above graph. If the price decreases from P₃ to P₂, then the total revenue will lose area A) B + E, but it will gain area H + I. B) H + I, but it will gain area A + B + C. C) E + F + G, but it will gain area H + I + J. D) A + B + C + D, but it will gain area E + F + G. Refer to the above graph. If the price decreases from P₃ to P₂, then the total revenue will lose area


A) B + E, but it will gain area H + I.
B) H + I, but it will gain area A + B + C.
C) E + F + G, but it will gain area H + I + J.
D) A + B + C + D, but it will gain area E + F + G.

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