Refer to the Following Table Showing a Demand Schedule $\begin{array}{ll}\text { Price } & \text { Quantity } \\ &\text { demanded } \\\$ 200 &1000\\150 & 1400 \\100 & 1800\end{array}$

Multiple Choice

Refer to the following table showing a demand schedule:

$\begin{array}{ll}\text { Price } & \text { Quantity } \\ &\text { demanded } \\\$ 200 &1000\\150 & 1400 \\100 & 1800\end{array}$
-If price falls from $200 to $150,

A) arrows representing the price and quantity effects both point down.
B) an arrow representing the price effect points down and is longer than an arrow for the quantity effect.
C) an arrow representing the price effect points down and is shorter than an arrow for the quantity effect.
D) arrows representing the price and quantity effects both point up.
E) total revenue moves in the same direction as the arrow representing the price effect.