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File Home InsertHips. ECN-360-EMWF320A-Intermediate Microeconomics New Slide Homework: Chapters 3, 4, and 19 Save Sec HW Score: 58.06%, 19.16 of 33 pts 21Score: 0 of 1 pt 28 of 33 (27 complete) ▼ Concept Question 1.12 Question Help Consider the total revenue curve, which corresponds to a linear demand curve Using the point drawing tool, plot a point on this curve that corresponds to the 22elastic range of demand and label it Ep Carefully follow the instructions above, and only draw the required object TR Quantity (units) Selected: Clear? All parts showing Notes

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Total Revenue Ed QuantityEd falls on the elastic range of demand (total revenue increases as quantity demanded increases and price falls)

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