Part 1- Complete the Table using appropriate Productivity Tools [e.g.. Word or Excel table]! 20 points Assume that you [or rather, the group} spendls} a total of$400 per month on the quantities of the goods and services in the following table. Now, suppose that the price of each good and service increases by 50%, but your (your group's) budget has not changed. You [your group} still have (has) only $400to spend on these products. 1. Complete the table by entering the quantity you [your group} would buy after the price increase in the "New Quantity" column. You {your group) do not (does not} have to spend the entire $400, but you {your group} cannot spend more than $400 after the price increase. 2. Calculate the amount you [your group} would spend on the good or service after the price increase in the "New Spending\" column. Determine the percentage change in the quantity you (your group] consume-{5] after the price increase in the "96150\" column. 3. Then, calculate your price elasticity of demand for each good in the elasticity column. Calculate elasticity as the simpie ['36 change in quantity);' {96 change in price), paying careful attention to the sign W-l- Good Apples (lbs) Aspirin (bottles) Beer (six packs) Amazon Print Books Bottled Water (case) Original Price Original Original New New New Quantity Spending Price Quantity Spending Q 96d Price Elasticit