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A higher price and total revenue will increase The same price and sell more outp

ID: 1187901 • Letter: A

Question

A higher price and total revenue will increase The same price and sell more output; total revenue will increase The same price and sell the same amount of output; total revenue will remain the same A higher price and sell less output; it can't be determined whether total revenue will increase A higher price and total revenue will increase The same price and sell more output; total revenue will increase The same price and sell the same amount of output; total revenue will remain the same A higher price and sell less output; it can't be determined whether total revenue will increase

Explanation / Answer

The same price and sell the same amount of output; total revenue will remain the same

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