When the price of tomatoes rises from 3 per pound to 4 per pound, the quantity of tomatoes sold decreases from 15 pounds to 10 pounds. Total revenue __ and using the total revenue test, we can determine that the demand for tomatoes is __ A. decreases by 5 inelastic B. initially is 45 unit elastic D C. equals quantity sold divided by price; elastic D. decreases from 45 to 40 elastic

To determine the correct answer, let's analyze the given information and apply the total revenue test.Given:- The price of tomatoes rises from 4 per pound.- The quantity of tomatoes sold decreases from 15 pounds to 10 pounds.Total revenue is calculated as the product of price and quantity sold. Initially, the total revenue is: 45 \]After the price increase, the total revenue becomes: 40 \]The total revenue decreases from 40, which indicates that the demand for tomatoes is elastic. In an elastic demand scenario, the percentage decrease in quantity sold is greater than the percentage increase in price, leading to a decrease in total revenue.Therefore, the correct answer is:D. decreases from 45 \ elastic