(Figure: Interpreting Price Changes) Based on the graph, if the price for shoes increases from $40 to $80 (from point d to point b), the net revenue lost, or gained, would be

A) $0 net loss/gain.
B) $200 net gain.
C) $200 net loss.
D) $400 net gain.

Question

(Figure: Interpreting Price Changes) Based on the graph, if the price for shoes increases from $40 to $80 (from point d to point b), the net revenue lost, or gained, would be

A) $0 net loss/gain. 
B) $200 net gain. 
C) $200 net loss. 
D) $400 net gain.

Quizplus · Accepted Answer

The Answer of (Figure: Interpreting Price Changes) Based on the graph, if the price for shoes increases from $40 to $80 (from point d to point b), the net revenue lost, or gained, would be

A) $0 net loss/gain. 
B) $200 net gain. 
C) $200 net loss. 
D) $400 net gain.

(Figure: Interpreting Price Changes) Based on the Graph, If the Price