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In the Accompanying Diagram, If Price Is Reduced from P

Question 106

Multiple Choice

In the accompanying diagram, if price is reduced from P ₁ to P ₂, total revenue will A) increase by A −C. B) increase by C −A. C) decrease by A −C. D) decrease by C −A. In the accompanying diagram, if price is reduced from P ₁ to P ₂, total revenue will


A) increase by A −C.
B) increase by C −A.
C) decrease by A −C.
D) decrease by C −A.

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