Short-run Earnings

Practice Questions

AP Microeconomics › Short-run Earnings

Questions
2
1

Use the following graph for questions 9 - 11Oranges_demand_curve

Increasing the price of oranges at point D will result in:

  1. An increase in total revenue
  2. A decrease in quantity demanded
  3. Movement toward a portion of the demand curve that is more elastic
2

Use the following graph to answer questions 9-11: Oranges_demand_curve

What is the total revenue generated at point A?

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