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ity and total venue. L06.2 How would the following changes in That is, would total revenue incro unchanged? L06.2 PROBLEMS Look at the demand curve in Figure mula and points a and b to calculate that range of the demand curve. Do curves in Figures 6.2b and 6.2c using d for Figure 6.2b and points e and f fo Investigate how demand elastiticities in demand. Shift each of the deman 6.2b, and 6.2c to the right by 10 unit Figure 6.2a would shift rightward fro to (20 units, $2), while point b would tion (40 units, $1) to (50 units. $1). apply the midpoint formula to calcula for the shifted points, Are they larger ticities you calculated in problem If terms of the midpoint formula, wha elasticities? LO6.1