Refer to the Information Provided in Figure 5

Multiple Choice

Refer to the information provided in Figure 5.4 below to answer the question(s) that follow. Figure 5.4
-Refer to Figure 5.4. The demand for milkshakes is unit elastic at Point C. If a store reduces the price of a milkshake from P₃ to P₄, its total revenue will

A) increase.
B) decrease.
C) remain constant.
D) either increase or decrease.