Terrence waWhen average product is rising: When average product is rising: marginal product is rising. marginal product is falling. marginal product is above it. marginal product is below it.s surprised to learn that when he raised prices by 10% in his Fresh Juice Shop, total revenue was unaffected. This is because the elasticity of demand for Terrence's juice products was Group of answer choices unit elastic. inelastic. elastic. perfectly inelastic