02 d) A 25 percent rig in the price of Tomatoes decreases the quantity of Tomatoes demanded by 15 percent and decreases the quantity of demanded of lettuce demanded by 10 percent. 02 di) Calculate the price elasticity demand (PED) for Tomatoes? Are tomatoes price elastic or price inelastic? What will happen to the Tomatoes farmers total revenue after it raises it price? (3 marks) [Answer and show workings here] 02 di) PED of Tomatoes: PED = Tomatoes are [price elastic g price inelastic] (Type the correct answer ) The total revenue for face masks will [ rise g fall] after it raises it's price. (Type the correct answer ) Explanation 02d ii): Calculate the Cross elasticity of demand (CED) for Tomatoes and lettuce. Are Tomatoes and lettuce complement or substitutes? Explain. (3 marks) [Answer and show workings here] 02d ii) CED between Tomatoes and lettuce: CED = Are Tomatoes and lettuce [substitute g complement] (Type the correct answer ) Explanation