When Price Was 5,quantity Demanded Was 10

Multiple Choice

When price was 5,quantity demanded was 10.When price increased to 6,quantity demanded decreased to 9.Therefore,when price increased,total revenue

A) decreased from 54 to 50, indicating that demand is inelastic.
B) decreased from 54 to 50, indicating that demand is elastic.
C) increased from 50 to 54, indicating that demand is inelastic.
D) increased from 50 to 54, indicating that demand is elastic.