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The curve that shows the change in total revenue that accompanies a change in quantity sold is called the: A) marginal revenue curve. B) average
The curve that shows the change in total revenue that accompanies a change in quantity sold is called the: A) marginal revenue curve. B) average cost curve. C) profit curve. D) demand curve. E) revenue curve. If the volume sold reacts strongly to changes in price, demand: A) has no elasticity. B) has negative elasticity. C) is inelastic. D) is elastic. E) is unrealistic
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