How does an increase in consumer income typically affect the total revenue of a product with elastic demand?

When consumer income increases, it usually affects the total revenue of products with elastic demand in a specific way. Elastic demand means that consumers are very sensitive to price changes; if prices go up, they will buy much less, and if prices go down, they will buy much more. So, when people's incomes rise, they may choose to buy more of a product because they can afford it, especially if it’s a luxury or non-essential item. For example, if a person's income increases and they start to buy more organic foods, the total revenue for those organic food products will increase because more people are willing to buy them at their current prices. Thus, with elastic demand, an increase in income generally leads to an increase in total revenue, as consumers feel more comfortable spending on those products.