-If demand for a good is represented by curve D in Figure 5-10,then an increase in supply of the good will cause
A)the equilibrium quantity to rise,but seller's total revenue to fall
B)the equilibrium quantity to fall,but seller's total revenue to rise
C)both the equilibrium quantity and seller's total revenue to fall
D)the equilibrium quantity to rise,but seller's total revenue will not change
E)both the equilibrium quantity and seller's total revenue to rise

Question

-If demand for a good is represented by curve D in Figure 5-10,then an increase in supply of the good will cause
A)the equilibrium quantity to rise,but seller's total revenue to fall 
B)the equilibrium quantity to fall,but seller's total revenue to rise 
C)both the equilibrium quantity and seller's total revenue to fall 
D)the equilibrium quantity to rise,but seller's total revenue will not change 
E)both the equilibrium quantity and seller's total revenue to rise

Quizplus · Accepted Answer

The Answer of 
-If demand for a good is represented by curve D in Figure 5-10,then an increase in supply of the good will cause
A)the equilibrium quantity to rise,but seller's total revenue to fall 
B)the equilibrium quantity to fall,but seller's total revenue to rise 
C)both the equilibrium quantity and seller's total revenue to fall 
D)the equilibrium quantity to rise,but seller's total revenue will not change 
E)both the equilibrium quantity and seller's total revenue to rise

-If Demand for a Good Is Represented by Curve D