The figure above illustrates a linear demand curve. If the price falls from $8 to $6
A) total revenue increases.
B) total revenue decreases.
C) total revenue remains unchanged.
D) the quantity demanded increases by less than 20 percent.
A
Economics
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Technological innovations are not necessarily major scientific breakthroughs
Indicate whether the statement is true or false
Economics
All of the following are reasons that health care costs have risen so much in the past few decades EXCEPT
A) the aging population. B) higher imports. C) new technologies. D) third party payments.
Economics