King Hardware sold 7 pounds of bolts yesterday at a price of $5.00 per pound. This point is represented by the black plus symbol on the diagram below, which plots the price of bolts (measured in dollars per pound) and the quantity sold (measured in pounds). Each small square in the grid for this graph has one side equal to 1 pound of bolts and one side equal to...?

The area of one small square is therefore...?

There are ....?small squares in the purple shaded rectangle.

On this graph, the area of the purple rectangle corresponds to...?

Now suppose King Hardware raises its price to $6.00 per pound of bolts. As a result, it now sells 5 pounds of bolts.

Use the blue rectangle to draw the area that corresponds to the new price and quantity.

Did raising the price of bolts increase King Hardware's revenue?