4 points Saved Janet has a magazine stand in the city. When the price of a magazine is $6.50, the quantity demanded is 600 per month. She wanted to experiment to find out if lowering the price ends up getting is her a greater revenue. She decreased the price of a magazine to $5.75, and the quantity demanded increased to 800. From this information, we can conclude that the demand for Janet's magazine O elastic. perfectly inelastic. inelastic. unit elastic. Moving to another question will save this response. > Close Window