Economics 9708 · AS & A Level · Price elasticity of demand

Price elasticity of demand — practice question

The diagram illustrates the demand curve for a firm’s product. Which diagram shows the shape of the firm’s matching total revenue (TR) curve?

  • A[IMAGE:9708_m21_qp_32_p6_diagram_2]
  • B[IMAGE:9708_m21_qp_32_p6_diagram_6]
  • C[IMAGE:9708_m21_qp_32_p6_diagram_4]
  • D[IMAGE:9708_m21_qp_32_p6_diagram_3]

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