Which of the following describes a situation in which demand must be inelastic?
a - Total revenue decreases by 10 percent when the price of spats rises by 10 percent.
b - Total revenue decreases by less than 10 percent when the price of spats rises by 10 percent.
c - Total revenue increases by more than 10 percent when the price of spats rises by 10 percent.
d - Total revenue decreases by $10 when the price of spats rises by $10.
e - Total revenue decreases by more than $10 when the price of spats rises by $10.
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