The price elasticity of demanWhen the quantity effect outweighs the price effect: Multiple Choice a price increase will cause a decrease in total revenue. a price increase will cause an increase in total revenue. a price decrease will cause a decrease in total revenue. None are correct.d for eggs is -0.27. Thus, -0.27 is the: Multiple Choice percentage change in the quantity demanded of eggs when the price of eggs increases by one percent. size of the shift in the demand for eggs when the price of eggs changes by one percent. size of the percentage change in the quantity supplied of eggs when the demand for eggs changes due to a price change. percentage change in the price of eggs when the quantity demanded of eggs increases by one percent