1. Price rises from $5 to $6. Quantity demanded decreases from 15 to 10. a. Old price x quantity demanded = old revenue



b. New price x quantity demanded = new revenue



c. Price ↑ ↓ Total Revenue ↑ ↓

Those who hope that land reform will end the problem of mass poverty and social inequality throughout middle and south america often cite as one of the causes of the problem. a. asian immigrants b. the indigenous population c. european systems of landholding d. the power of the roman catholic church