Figure 5-12 -Refer to Figure 5-12.If the Price Decreased from $36 to from $36

Multiple Choice

Figure 5-12
-Refer to Figure 5-12.If the price decreased from $36 to $12,total revenue would

A) increase by $4,800,and demand is elastic between points X and Z.
B) increase by $7,200,and demand is elastic between points X and Z.
C) decrease by $4,800,and demand is inelastic between points X and Z.
D) decrease by $7,200,and demand is inelastic between points X and Z.