Related to Application: Drones and the Lower Half of a Linear Demand CurveLOADING... Part 2 Advice to Firm. Suppose a firm that produces clown wigs has a linear demand for its product, with a vertical intercept of $6. If the firm currently charges a price of $1, you advise that since the current price is in the A. inelastic range of the demand line, raising the price into the elastic range will increase revenue. B. elastic range of the demand line, lowering the price into the inelastic range will increase revenue. C. elastic range of the demand line, raising the price into the inelastic range will increase revenue. D. inelastic range of the demand line, lowering the price into the elastic range will increase revenue