In the figure above, if price DECREASES from $80 to $60, an arrow representing the QUANTITY effect
A. will be shorter than (and in the same direction of) the arrow representing the price effect.
B. will point in the opposite direction in which total revenue will move.
C. will be shorter than (and in the opposite direction of) the arrow representing the price effect.
D. will point upward.
E. will point downward.
Answer: D
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