Refer to the above graph. If the price decreases from P4 to P3 then the gain in

Question

Refer to the above graph. If the price decreases from P4 to P3 then the gain in total revenue is areas:

a. E+F+G and the loss in total revenue is areas A+B+C+D

b. A+B+C+D and the loss in total revenue is area E

c. E+F+G and the loss in total revenue is area A

d. B+C+D and the loss in total revenue is area A

Refer to the above graph. If the price decreases from P4 to P3 then the gain in total revenue is areas: a. E+F+G and the loss in total revenue is areas A+B+C+D b. A+B+C+D and the loss in total revenue is area E c. E+F+G and the loss in total revenue is area A d. B+C+D and the loss in total revenue is area A

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