To increase revenue of selling a product one has to .....

Select one:

a. increase its price

b. decrease its price

c. It depends on elasticity of demand

d. It depends of elasticity of supply

e. Non of the above

elasticity of demand is:

Select one:

a. change in demand

b. change in demand over change in supply

c. change in price over change in demand

d. Percentage change in demand divided percentage change in price

e. Non of the above