D Question 11 1.5 pts A rm has a downward-sloping linear demand curve. Which of the following statements are true? Elasticity is constant along the demand curve There is an inelastic and an elastic region of the demand curve. Total revenue decreases as price is increased from zero, then increases as price increases above half of the maximum willingness to pay for the product. The price elasticity of demand ranges from perfectly inelastic to perfectly elasc as price moves up from 0. Total revenue for the rm is maximised in the elastic section of the demand curve