Unformatted text preview: something that will shift the total revenue curve. (e) Demonstrate on the Total Revenue curve the eﬀect from raising the price from $8 to $10. (f) Compared to the demand curve above, Q D = 300-2 P , is the demand curve Q D = 300-3 P more or less elastic? Explain. What assumption do you need to compare the elasticity of these two demand curves?...
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- Spring '10
- Supply And Demand, total revenue curve, demand curve Qd