5. Answer the questions below based on the following scenario: Pricing Scenario: You just won a new laptop in a contest. and you decide to sell your old one. You do not have a lot of money and want to get the highest price possible for your old laptop. It is a Mac that you bought brand new last year. You are listing the laptop online, and you need to identify the price. 2 points 5? a. What price would you list your laptop for? z .- ' 4-.31u3-.-1; xx,::s: 14pt v Paragraph v - E 535 do 1!. Eu. 4 points 5? b. Explain why the price you proposed would maximize your revenue using the principles of supply and demand. 4-. 31g-!- 14pt v #1 I'll llll Paragraph v .li|: 4 points 5? c. Do you believe the demand for your laptop will be elastic or inelastic? (2 points] Explain (2 points). z .- ' hB1!~!vLE xx.::: 14pt v Paragraph v - E E d\" I. in