This is a difficult question. Take your time to match the term to its definition or description.                                                             Elastic Demand                                                             Inelastic Demand                                                             Total Revenue Increases                                                             Total Revenue Decreases A. Ed<1 B. Elastic price change and price increases C. Ed>1 D. Elastic price change and price decreases

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A: P1=$10 P2=$12 Q1=600 Q2=400

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