If the price of a commodity with elastic demand increases, the revenue accruing to the producer will

If the demand for a commodity is elastic, it means that a small change in the price of the commodity will lead to a relatively larger change in the quantity demanded. Therefore, if the price of a commodity with elastic demand increases, the quantity demanded by consumers will decrease. As a result, the revenue accruing to the producer will decrease, since the decrease in the quantity demanded will not be enough to offset the increase in price. Hence, the correct option is "decrease".