The price elasticity of demand for a digital camera is estimated to be 1 regardless of the price or quantity demanded. In this case: O A 15 percent increase in price will result in a 15 percent decrease in total revenues O A 15 percent increase in price will result in a 15 percent decrease in the quantity demanded O A 15 percent increase in price will result in a 15 percent increase in quantity demanded O A 15 percent increase in price will result in a 15 percent increase in total revenues