When the Price of a Good Increases by 5 Percent,the

Multiple Choice

When the price of a good increases by 5 percent,the quantity demanded decreases by 10 percent.The price elasticity of demand is ________.A price rise will ________ total revenue.

A) 2.0;decrease
B) 0.5;decrease
C) 2.0;increase
D) 0.5;increase
E) -2.0;decrease