Based on the above elasticity information, you would conclude for the new Canon camera:A, the product demand is elastic and if your firm (Canon) increases the price of its new camera, total revenues will increase.B, the product demand is elastic and if your firm (Canon) decreases the price of its new camera, total revenues will increase.C, the product demand is inelastic and if your firm (Canon) increases the price of its new camera, total revenues will increase.D) the product demand is inelastic and if your firm (Canon) decreases the price of its new camera, total revenues will increase.