Question: please answer the MCQ Use the table below to answer the following question. Table 4.1 .3 Refer to Table 4.1.3. The table shows the demand

please answer the MCQ

Use the table below to answer the following question. Table 4.1 .3 Refer to Table 4.1.3. The table shows the demand schedule for computer chips. As the price rises from $200 a chip to $300 a chip, total revenue So at a price of $250 a chip, demand is a. falls; rises b. rises; inelastic c. falls; inelastic d. rises; unit elastic e. rises; elastic

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