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In the Graph Shown Below, If the Market Demand Were

Question 35

Multiple Choice

In the graph shown below, if the market demand were to shift right, which of the following would occur for the firm? In the graph shown below, if the market demand were to shift right, which of the following would occur for the firm?   A) The total cost curve would shift downward. B) The total revenue function would rotate upward. C) The total revenue function would rotate downward. D) The firm would produce less output.


A) The total cost curve would shift downward.
B) The total revenue function would rotate upward.
C) The total revenue function would rotate downward.
D) The firm would produce less output.

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