Suppose That Demand Is Inelastic Within a Certain Price Range

Multiple Choice

Suppose that demand is inelastic within a certain price range.For that price range,

A) an increase in price would increase total revenue because the decrease in quantity demanded is proportionately less than the increase in price.
B) an increase in price would decrease total revenue because the decrease in quantity demanded is proportionately greater than the increase in price.
C) a decrease in price would increase total revenue because the increase in quantity demanded is proportionately smaller than the decrease in price.
D) a decrease in price would not affect total revenue.