If demand is elastic and price is lowered,total revenue will

A) rise.
B) fall.
C) stay the same.
D) possibly rise and possibly fall.

Elastic

describes a situation where the quantity demanded or supplied changes significantly in response to price changes.

Total Revenue

The entire amount of income generated by the sale of goods or services before any expenses are deducted.

Price Lowered

A reduction in the cost of goods or services.