Graph a Below Shows an Elastic Demand Curve, and Graph

Multiple Choice

Graph A below shows an elastic demand curve, and Graph B shows an inelastic demand curve. Graph A shows that as the price decreases from $20 to $10, total revenue _____ and quantity demanded _____.Figure 4.1:

A) decreases; increases
B) decreases; decreases
C) increases; increases
D) increases; decreases
E) remains unchanged; remains unchanged