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In the Graph Above, What Would Happen to Price and to Total

Question 310

Multiple Choice

  In the graph above, what would happen to price and to total revenue if the equilibrium moved from point B to point A? A) Price would fall and total revenue would increase. B) Price would fall and total revenue would also decrease. C) Price would rise and total revenue would also increase. D) Price would rise and total revenue would decrease. In the graph above, what would happen to price and to total revenue if the equilibrium moved from point B to point A?


A) Price would fall and total revenue would increase.
B) Price would fall and total revenue would also decrease.
C) Price would rise and total revenue would also increase.
D) Price would rise and total revenue would decrease.

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