Econ question:

FoisPas, a French restaurant in Westwood, has decided to increase the price of its Sunday brunch from $23 to $25 Following this price increase, the number of reservations on a typical Sunday dropped from 50 to 45, Which statement is correct? 0 a. The price increase leads to an increase in total revenues as the demand is elastic at the current level 0 b. FoisPas is maximizing revenues as the demand is unitelastic at the current level 0 c. The price increase leads to a decrease in total revenues as the demand is elastic at the current level 0 d. The total costs faced of FoisPas will increase for sure 0 e. The price increase has a positive impact on profits as the demand is inelastic at the current level