A price increase for Pixie’s cheesy fried grits by P1 to P2 would yield higher total as: (w) revenue because demand is price elastic. (x) supply since demand is unitarily elastic. (y) revenue since demand is price inelastic. (z) use of the good relative to its substitutes.
![808_Price Elasticity of Demand5.png](https://secure.tutorsglobe.com/CMSImages/808_Price%20Elasticity%20of%20Demand5.png)
Can anybody suggest me the proper explanation for given problem regarding Economics generally?