(1/2 pt each) State whether each of the following statements are TRUE or FALSE. a. All else equal, the demand curve for a good over the long run is more likely to be price inelastic. TRUE or FALSE? b. All else equal, a producer (seller) is more likely to increase her total revenue for goods sold if she increases the price of a good that is more elastic. TRUE or FALSE? c. Two goods with a positive cross-price elasticity value are likely to be substitute goods. TRUE or FALSE? d. According to the law of demand, as the price of a good decreases, the quantity demanded by consumers increases. TRUE or FALSE