2. Using the information in question # 1 above, assume you will charge on average $.40 per copy. A) Calculate your monthly revenue. B} Assume you lower the price from $.30 to $.24 per copy and you demand increases t010,812 copies weekly. Determine the elasticity of your demand. What can you infer about your market? (3) Assume you raise the price from $.30 to $.45 per copy and your demand decreases by 10-00 copies weekly. Determine the elasticity of your demand. 'What can you infer about your market