Exhibit 5-26 -Refer to Exhibit 5-26. as You Move from B to from B

Multiple Choice

Exhibit 5-26
-Refer to Exhibit 5-26. As you move from B to C on the demand curve, total revenue __________ and therefore the price elasticity must be ____________ between B and C.

A) stays the same; unitary
B) decreases; inelastic
C) increases; elastic
D) decreases; elastic
E) increases, inelastic