Question: Please help with this question Consider the demand for a good illustrated by the following demand schedule. If the price decreases from $16 to $14,

Please help with this question

Please help with this question Consider the demand for a good illustrated

Consider the demand for a good illustrated by the following demand schedule. If the price decreases from $16 to $14, total revenue will _____ ; thus, demand between those prices must be _____ . 0 increase; elastic 0 increase; inelastic 0 decrease; elastic 0 decrease; inelastic

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