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Use the Following to Answer Question(s): Demand, Elasticity, and Total

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Use the following to answer question(s) : Demand, Elasticity, and Total Revenue
Use the following to answer question(s) : Demand, Elasticity, and Total Revenue    -(Exhibit: Demand, Elasticity, and Total Revenue)  When price is P and quantity is Q in Panel (a) , which of the following is (are)  true? A)  An increase in price will increase total revenue. B)  A decrease in price will increase total revenue. C)  P x Q is the maximum amount TR can be. D)  B and C are true.
-(Exhibit: Demand, Elasticity, and Total Revenue) When price is P and quantity is Q in Panel (a) , which of the following is (are) true?


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