Multiple Choice
Refer to the figure below. Suppose this demand curve shows the demand for lattes at a single coffee shop that charges $2.00 for a latte. If the manager wants to increase total revenue, what should the manager do? 
A) Increase the price from $2.00 to $3.00.
B) Increase the price from $2.00 to $2.50.
C) Reduce the price from $2.00 to $1.00.
D) Reduce the price from $2.00 to $1.75.
Correct Answer:
Verified
Correct Answer:
Verified
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