Suppose Carol's Candid Cameras Wants to Increase Its Total Revenue

Multiple Choice

Suppose Carol's Candid Cameras wants to increase its total revenue. If the firm lowers the price of cameras by 2 percent, Carol must be predicting that the quantity

A) supplied will increase by more than 2 percent.
B) demanded will increase by more than 2 percent.
C) demanded will decrease by less than 2 percent.
D) supply will decrease by less than 2 percent.