Figure: The Market for e-Books
(Figure: The Market for e-Books) If the price of e-Books increases from $6 to $8, total revenue _____________ which means that demand is _.
A.increases; elastic
B.decreases; inelastic
C.remains constant; elastic
D.remains constant; unit elastic

Question

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The Answer of Figure: The Market for e-Books
(Figure: The Market for e-Books) If the price of e-Books increases from $6 to $8, total revenue _____________ which means that demand is _.
A.increases; elastic
B.decreases; inelastic
C.remains constant; elastic
D.remains constant; unit elastic

Figure: the Market for E-Books