Exhibit 6-8
-Refer to Exhibit 6-8. Total revenue in the market is illustrated by area
A)B.
B)B + C.
C)A.
D)A + B.
E)C.

Name: Exhibit 6-8 -Refer to Exhibit 6-8. Total revenue in the market is illustrated by area A)B. B)B + C. C)A. D)A + B. E)C.
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Question

Exhibit 6-8 
-Refer to Exhibit 6-8. Total revenue in the market is illustrated by area
A)B. 
B)B + C. 
C)A. 
D)A + B. 
E)C.

Quizplus · Accepted Answer

Total revenue in the market is illustrated by the area of the rectangle formed by the intersection of the supply and demand curves. This is represented by the sum of areas B and C. Therefore, the correct answer is B.

Exhibit 6-8 -Refer to Exhibit 6-8. Total Revenue in the Market Is