q1: Look at the above graph in answering this question.Between points a and b, price decreases by $1, quantity demanded increases by 10 and

1. total revenue increases by $60, and demand is inelastic.
2. total revenue increases by $60, and demand is elastic.
3. total revenue increases by $1, and demand is elastic.
4. total revenue decreases by $1, and demand is inelastic.

q2: Look a the above graph in answering this question.The demand curve has ____________price elasticity of demand moving from a to b compared to moving from g to h.

1. the same
2. a higher
3. impossible to tell
4. a lower