Assume the Demand Function for SeatComfy's Table Chairs Is Q

Multiple Choice

Assume the demand function for SeatComfy's table chairs is Q = 5,000 - 25P + 4I +10P_A - 15P_T.Moreover,assume that currently P = 10,P_A = 15,I = 500,P_T = 100.Which of the following is true?

A) If SeatComfy increases its price by 1 percent,sales as well as total revenues will increase.
B) If SeatComfy decreases its price by 1 percent,sales will increase,while total revenues will decrease.
C) If SeatComfy increases its price by 1 percent,sales will decrease,while total revenues will increase.
D) If SeatComfy increases its price by 1 percent,sales as well as total revenues will decrease.