Question
A.When the price of a box of crackers increases from $15 to $40, the monthly quantity demanded decreases from440 to33. Before the change in price
A.When the price of a box of crackers increases from $15 to $40, the monthly quantity demanded decreases from440 to33.
Before the change in price the sellers total revenue was ________. After the change in price, the seller's total revenue was _________. Because total revenue ________ , this segment of the demand curve is________.
B. When the price of a box of candy increases from $9to $11, the monthly quantity demanded decreases from106 to39.
Before the change in price the sellers total revenue was_______. After the change in price, the seller's total revenue was______. Because total revenue________, this segment of the demand curve is_________.
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