When Taylor raised the price of earrings at Taylor’s Boutique, her total revenue from selling earrings increased. This suggests that:
A.there are many other boutiques competing with Taylor.
B.the demand for Taylor’s earrings at the original price was inelastic.
C.there was excess demand for earrings at the original price.
D.the demand for Taylor’s earrings at the original price was elastic.
正确答案：the demand for Taylor’s earrings at the original price was inelastic.
