An organic cooperative market has adjusted the prices of several key products between Spring and Summer. The table below displays the price per item during each period.
| Product | Spring Price | Summer Price |
|---|---|---|
| Organic Strawberries | £4.00 | £3.00 |
| Cold-Pressed Juice | £5.00 | £6.00 |
| Artisanal Sourdough | £3.50 | £4.50 |
| Fair-Trade Coffee | £8.00 | £6.00 |
Other things being equal, which one of the following changes from Spring to Summer is the cooperative most likely to experience?
A decrease in revenue from Organic Strawberries if the price elasticity of demand is elastic
An increase in revenue from Cold-Pressed Juice if the price elasticity of demand is inelastic
An increase in revenue from Artisanal Sourdough if the price elasticity of demand is elastic
A decrease in revenue from Fair-Trade Coffee if the price elasticity of demand is unit elastic
