help me solve question 3A and 3B and explain all the process please

Economics - Protected View - Saved to this PI: (D PROTECTED VIEW Be carefulifils from the Internet can contain viruss. Unlas you need to edit it's safer to stay in Protected View. Enable Editing 6:) UPDATE AVAILABLE Updats for Office are ready to be installed. but First we need to close some apps. Update now Assessment Question Week4: Price Elastici of demand and su I Question 3 The price for cigarettes sold by Big Tobacco Co Ltd was 6.00 per packet in March 2018. During the month of March, the consumption of cigarettes was 1000 packets. 6) However, the Board of Directors of Big Tobacco Co Ltd decided to increase the price by 25% during the month of April. As a manager you noted that price elasticity of demand was 0.8. As a manager Big Tobacco Co Ltd: A. As a manager Big Tobacco Co Ltd store advise your management of the strategy that could be adopted by your rm to maintain sales. (5 Marks) Stream 5-9 of 12 ,0 Type here to search B. Also, advise your government on recommended interventions in the cigarette market. (5 Marks) Assessment Question Week 5: Production costs Question 4 John was a high school teacher earning $ 80,000 per year. He quit his job to start his own business in pizza catering. In order to learn how to run the pizza catering business, John enrolled in a TAFE to acquire catering skills. John's course was for 3 months. John had to pay $2,000 as tuition for the 3 months. G)