Suppose There Is an Increase in the Cost of Resources

Multiple Choice

Suppose there is an increase in the cost of resources used in the production of good A.Then

A) if the price of A rises,the demand for A is elastic.
B) if the total revenue from sales of A increases,the demand for A is elastic.
C) if the total revenue from sales of A decreases,the demand for A is elastic.
D) total revenue increases because the price of A rises.
E) total revenue decreases because the quantity bought and sold of A decreases.