40 O Demand 32 Supply 24 Supply PRICE (Dollars per ton) 16 Demand 8 16 24 32 40 QUANTITY (Thousands of tons) Several growers are happy with this advancement in technology because now they can sell more crops, which they believe will lead to increases in revenue. Using elasticities, you will be able to determine whether this price change will lead to a rise or fall in total revenue in this market. Using the midpoint method, the price elasticity of demand for walnuts between the price levels of $20 and $12 per ton is _ , meaning that between these two points, demand is_ . Thus, you can conclude that the grower's claim is , because total revenue will due to the technological improvement. Confirm your previous conclusion by calculating total revenue in the walnut market before and after the technological improvement. Enter these values in the following table. Before Technological Improvement After Technological Improvement Total Revenue (Thousands of Dollars)