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?

  • ATR curve A (as shown)
  • BTR curve B (as shown)
  • C[IMAGE:9708_s15_qp_32_p5_diagram_5]
  • DTR curve D (as shown)

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