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Use the Table Below to Answer the Following Question

question 31

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Use the table below to answer the following question.
Table 4.1.4
Use the table below to answer the following question. Table 4.1.4 -Refer to Table 4.1.4. The table shows the demand schedule for computer chips. As the price rises from $200 a chip to $300 a chip, total revenue ________. So at a price of $250 a chip, demand is ________. A) falls; inelastic B) rises; inelastic C) falls; rises D) rises; elastic E) rises; unit elastic
-Refer to Table 4.1.4. The table shows the demand schedule for computer chips. As the price rises from $200 a chip to $300 a chip, total revenue ________. So at a price of $250 a chip, demand is ________.

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