If a product has an inelastic demand and the manufacturer raises its price, A)total revenue will increase. B)quantity demanded will increase. C)the demand schedule will shift. D)the demand will become more inelastic. E)total revenue will decrease.

If a product has an inelastic demand and the manufacturer raises its price,
A)total revenue will increase.
B)quantity demanded will increase.
C)the demand schedule will shift.
D)the demand will become more inelastic.
E)total revenue will decrease.
by

1 Answer

Answer :

A)total revenue will increase.
by

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