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28. If the elasticity of demand for Greek yogurt is 3, it means: A. A small rise in the price of Greek yogurt will reduce
28. If the elasticity of demand for Greek yogurt is 3, it means: A. A small rise in the price of Greek yogurt will reduce the sellers' sales revenues. B. A small cut in the price of Greek yogurt will reduce the sellers' sales revenues. C. A one-dollar rise in the price of Greek yogurt cuts the quantity demanded by 3 quarts. D. A $3.00 increase in the price of Greek yogurt cuts the quantity demanded by 1 quart. E. A one-percent rise in the price of Greek yogurt cuts the quantity demanded by 3 percent. F. A and E G. B and E H. A and D
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