Multiple Choice
FIGURE 12-5
-Figure 12-5 above shows that when the quantity demanded moves from 3.0 to 4.5 million units, the profit
A) stays the same per unit
B) increases from $1.50 to $2.00 per unit.
C) decreases from $2.00 to $1.50 per unit.
D) increases from $.50 to $1.50 per unit.
E) Figure 12-5 does not indicate what happens to profit when the quantity demanded moves.
Correct Answer:
Verified
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