answer quickly What would be the shape of the demandcurve so that the total revenue curve is(a) A positively sloped straight linepassing through the origin?(b) A horizontal line?

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Answered: What would be the shape ofthe demand…

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter6: Demand And Elasticity

Section: Chapter Questions

Problem 6DQ

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What would be the shape ofthe demand curve so that the total revenue curve is a) A positively sloped straight line passing through the origin? eboog b) A horizontal line?