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Figure 8.2 -Refer to Figure 8.2.Why Is the Total Revenue Curve a Revenue

Question 72

Multiple Choice

Figure 8.2 Figure 8.2 -Refer to Figure 8.2.Why is the total revenue curve a ray from the origin? A) Because revenue increases at an increasing rate B) Because revenue increases at a decreasing rate C) Because the firm can sell its product at a constant price D) Because the firm must lower its price to sell more
-Refer to Figure 8.2.Why is the total revenue curve a ray from the origin?

A) Because revenue increases at an increasing rate
B) Because revenue increases at a decreasing rate
C) Because the firm can sell its product at a constant price
D) Because the firm must lower its price to sell more

Correct Answer: