Why do revenues increase when you raise price for prices in the inelastic range? Choose the best answer. Group of answer choices In the price inelastic range, any percentage increase in price will be greater than its corresponding percentage decrease in Q, so PxQ (which is the definition of revenue) increases. When P increases customer pay more for every unit of product they buy; therefore sales revenue increases. Prices are increasing because of inflation, so revenues increase as well. Revenues always increase with price, regardless of price elasticity