6. Elasticity and total revenue The following graph illustrates the weekly demand curve for motorized scooters in Roanoke. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. On the following graph, use the green point (triangle symbol) to plot the weekiy total revenue when the market price is $50,$75,$100,$125,$150, $175, and $200 per scooter. Accoroing to the midpoint method, the arice eiasticity of demand between points A and B is approximately Suppose the pnce of scooters is currently $125 per scootef, shown as point B on the initial graph. Because the demand between points A and 8 is , a 525 -periscooter increase in price will lead to in totat revenue per week. In general, in ordee for a price increase to cause a decrease in total revenve, demand must be On the following graph, use the green point (triangle symbol) to plot the weekly total revenue when the market price is $50,$75,$100,$125,$150, $175, and $200 per scooter. According to the midpoint method, the price elasticity of demand between points A and B is approximately Suppose the price of scooters is currentiy $125 per scootec, shown as point B on the initial graph, Because the demand between points A and B is , a $25-per-scooter increase in price will lead to in total revenue per week. In general, in onder for a price increase to cavse a decrease in total revenue, demand must be