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If price increases from $10 to $15, total revenue will a. increase by $20, so demand must be inelastic. b. increase by $5, so demand

If price increases from $10 to $15, total revenue will

a. increase by $20, so demand must be inelastic.

b. increase by $5, so demand must be inelastic.

c. decrease by $20, so demand must be elastic.

d. decrease by $10, so demand must be elastic.

what is the answer and why?

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