Refer to the figure below. Suppose this demand curve shows the demand for lattes at a single coffee shop that charges $2.00 for a latte. If the manager wants to increase total revenue, what should the manager do?

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Refer to the figure below. Suppose this demand curve shows the demand for lattes at a single coffee shop that charges $2.00 for a latte. If the manager wants to increase total revenue, what should the manager do?

A.Increase the price from $2.00 to $3.00.

B.Reduce the price from $2.00 to $1.00.

C.Increase the price from $2.00 to $2.50.

D.Reduce the price from $2.00 to $1.75.

正确答案:Reduce the price from $2.00 to $1.75.

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