The reaction represented by this energy diagram is endothermic. 
Definitions:
Total Revenue
The total amount of money a company receives from its sales of goods or services, calculated by multiplying the price per unit by the number of units sold.
Demand Elastic
Referring to a situation where the quantity demanded of a good or service significantly changes in response to a change in its price.
Price-Elasticity Coefficient
A numeric value that measures how much the quantity demanded of a good responds to a change in the price of that good, indicative of its price sensitivity.
Price Reduction
A decrease in the selling price of goods or services, often intended to stimulate demand or respond to competitive market pressures.
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