Suppose that your marketing assistant suggests a deep price cut to improve the sales of a product. You agree to drop the price, and sure enough, the number of units you sell increases. Will your total revenues increase as well? Group of answer choices No. Whenever prices are lowered, total revenues will drop. It depends on the break-even point for the product. Yes, but only if the demand forthe product is inelastic. Yes, but only if the demand forthe product is elastic. Yes, either wayelastic or inelastic demandtotal revenues will increase