Question 4 5 pts Your friend Mike owns a local coffee shop and is considering changing his pricing strategy. He complains to you, "I'm not making enough revenue. I should just increase the prices of my coffee, that will definitely bring in more money." Using your understanding of microeconomics, explain to Mike why simply raising prices might not necessarily increase his total revenue. Explain to him what information he needs to understand whether raising his price will increase is total revenue. Your answer should be three sentences or less. Upload a PDF of your answer to just this question below: Upload Choose a File