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Question 151

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Use the following to answer question: Use the following to answer question: -(Figure: The Demand for e-Books) If the price of e-Books increases from $6 to $8,total revenue _____,which means that demand is _____. A) increases;elastic B) decreases;inelastic C) remains constant;elastic D) decreases;elastic
-(Figure: The Demand for e-Books) If the price of e-Books increases from $6 to $8,total revenue _____,which means that demand is _____.


A) increases;elastic
B) decreases;inelastic
C) remains constant;elastic
D) decreases;elastic

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