Refer to the figure below. If the price of a latte increases from $2.00 to $2.50:

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Refer to the figure below. If the price of a latte increases from $2.00 to $2.50:

A.the change in total expenditure, if any, would depend on the supply curve.

B.total expenditure would stay the same.

C.total expenditure would increase.

D.total expenditure would decrease.

正确答案:total expenditure would decrease.

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