When a negative sloping straight-line demand curve, the total revenue curve is An inverted vertical parabola....
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a) If the total revenue curve is a positively sloped straight line passing through the origin, then the slope of demand curve will be horizontal line parallel to X axis. It indicates that the price remains constant at all level of output.
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When a negative sloping straight-line demand curve, the total revenue curve is An inverted vertical parabola....
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