If a pizza hut raises the price of a slice of pizza from $3.00 to $3.25, the quantity demanded decreases from 1,500 slices per week to 1,300 slices per week. the demand for slices of pizza is ________ and the total revenue received by this pizza hut ________.
a. unit elastic; does not change
b. inelastic; decreases
c. inelastic; increases
d. elastic; increases
e. elastic; decreases