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Question: consider the demand curve strated in the figure to the...

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Consider the demand curve ก็เstrated in the figure to the right Is demand elastic or inelastic? 0 A. Demand is elastic at all prices above $10.00 and inelastic at al prices below S1000. OB. Demand is inelastic at all prices above S10OO and elastic at al prices below S1000. O C. Demand is elastic at all prices above $12.00 and inelastic at al prices below $12.00, O D. Demand is inelastic (at all prices). E. Demand is elastic (at all prices) At what price is total revenue maxoimized? Total revenue is maximized when price equais S[10]. (Enter your response as·rew number rounded to two decimal places) 10 1214 16 18 20 Click to select your answers 3 4 5 7
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