The absolute value of the Price elasticity of demand (pd) for Good A = 4.75, with the arc elasticity measured between two specific points marking off the relevant range of the linear total demand function (D-T) for Good A. The absolute value of the Price elasticity of demand (Epd) for Good B = 0.50, with the arc elasticity measured between two specific points marking off the relevant range of the linear total demand function (DPT) for Good B. If a firm producing good B decreases price along the relevant range of the total demand function for Good B (Dr): c) a) The monetary loss from producing and selling fewer units exceeds the monetary gain of the price change, and thus total revenue decreases. b) The monetary loss from producing and selling fewer units is less than the monetary gain of the price change, and thus total revenue increases. The monetary gain from producing and selling more units is less than the monetary loss of the price change, and thus total revenue decreases. d) The monetary gain from producing and selling more units exceeds the monetary loss of the price change, and thus total revenue increases. e) There is no relation between the magnitude of Epd and total revenue.

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