Figure 5.3 shows a linear demand curve. As you move from point B to point C along the demand curve, total revenue _____ and the demand is _____.
Figure 5.3

A)stays the same; unitary
B)decreases; inelastic
C)increases; elastic
D)decreases; elastic
E)increases, inelastic

Question

Figure 5.3 shows a linear demand curve. As you move from point B to point C along the demand curve, total revenue _____ and the demand is _____.​ ​
Figure 5.3
​

A)stays the same; unitary 
B)decreases; inelastic 
C)increases; elastic 
D)decreases; elastic 
E)increases, inelastic

Quizplus · Accepted Answer

The Answer of Figure 5.3 shows a linear demand curve. As you move from point B to point C along the demand curve, total revenue _____ and the demand is _____.​ ​
Figure 5.3
​

A)stays the same; unitary 
B)decreases; inelastic 
C)increases; elastic 
D)decreases; elastic 
E)increases, inelastic

Figure 53 Shows a Linear Demand Curve