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If demand is _ with respect to price, a price increase will _ total revenue.

If demand is _ with respect to price, a price increase will _ total revenue.
A.inelastic; decrease
B.elastic; increase
C.inelastic; increase
D.unit elastic; decrease
正确答案：inelastic; increase

标签：微观经济学中国大学MOOC微观经济学

上一条：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?

下一条：To increase total revenue, firms with _ demand should lower price, and firms with _ demand should increase price.