Question: 1. Please calculate Arc elasticity for all the points (when price goes down from 4.5 to 4.00 from 4.00 to 3.5 and 3.5 to 3.0

1. Please calculate Arc elasticity for all the points (when price goes down from 4.5 to 4.00 from 4.00 to 3.5 and 3.5 to 3.0 etc

2. Calculate point and Arc Elasticity for all the points when Price goes up from 0.5 to 1.0 from 1.0 to 1.5 and from 1.5 to 2.0 and so on

Movement of Total Revenue . DEMAND FUNCTION FOR PRODUCTX: P = 2.5-0.010. . ELASTICITY OF DEMAND; . FROM A TO E Ed >1 TR increases . FROM E TO F Ed =1 TR remains same. . FROM F TO ) Ed

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