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# Elasticity, Demand, and Total Revenue

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If possible try to write down references please.

https://brainmass.com/economics/elasticity/elasticity-demand-and-total-revenue-299089

#### Solution Preview

See the attached file. Hope this will help. Thanks

Demand Schedule for Barbeque Dinners
Price Quantity Demanded Total Revenue Elasticity Coefficient Elastic or Inelastic
\$4 100 __________ XXXX XXXX
6 80 __________ __________ __________
8 60 __________ __________ __________
10 40 __________ __________ __________
12 20 __________ __________ __________
14 1 __________ __________ __________
A. Calculate the total revenue for each level of demand.
See the calculations in the table below:
Total revenue = Price * Quantity Demanded
Price Quantity Demanded Total Revenue Elasticity Coefficient Elastic or ...

#### Solution Summary

Explain how the elasticity changes as price increases in this post.

\$2.19