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accompanying figure. If the price of this good is initially $3, and price falls by a few cents, then what will happen to total expenditure
accompanying figure. If the price of this good is initially $3, and price falls by a few cents, then what will happen to total expenditure on this good? The graph plots quantity in thousands versus price in dollars. A diagonal line D starts at the top left and ends at the bottom right. Select one: a. Total expenditure will fall. b. Total expenditure will fall to 0. c. Total expenditure will rise. d. Total expenditure will not change
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