An arrow representing the price effect points down

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Price Quantity Demanded $200 1000 $150 1400 $100 1800 If price falls from $150 to $100, A. Arrows representing the price and quantity effects both point down. B. An arrow representing the price effect points down and is shorter than an arrow for the quantity effect. C. Total revenue moves in the same direction as the arrow representing the price effect. D. The arrow representing the price effect points down and the arrow representing the quantity effect points up. E. Both c and d

Reference no: EM131238768

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