Question: Elasticity 1. In each case belong determine the effect on the sellers' total revenue and identify whether the demand curve is elasticJ inelastic, or unit-elastic:

Elasticity 1. In each case belong determine the effect on the sellers' total revenue and identify whether the demand curve is elasticJ inelastic, or unit-elastic: a. Price falls from SE to 31.50 along the market demand curve for strawberries. Demand raises from 2 kg per month to 3 kg per month. b. Price rises from 5150 to 3200 along the demand for skis and demand decreases from _5000 pairs to 5000 pails. c.._Price drops from 312 to 58 along the demand curve for CD5 and demand increases from 2 to 3

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