Question: elearning.k Consider once again the market for iPads. P ($) 800 750 - 700 - 650 600 - Q (000) 100 200 300 400 500

elearning.k Consider once again the market for iPads. P ($) 800 750 - 700 - 650 600 - Q (000) 100 200 300 400 500 (a) Calculate the price elasticity of demand (PED) for ipads if the price increased from $700 to $750. Is demand elastic or inelastic? marks) (b) What implication does the elasticity measure calculated in Part (a) have for total revenue (TR)? Explain your answer. Calculate the new price of $750. (4 marks) (Approximate numbers read off the chart are ok.) A B I y text entered here will be displayed in the response input box when a new attempt at the question starts. MacBook Air 80 a FA F5 F6 44 DI $7 @ 2 A "> >

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11. In what environment or contexts is it the value you want others to associate you with that the value can best be expressed in? Do you seek out these contexts to learn?