6. Elasticity and total revenue The following graph shows the daily demand curve for bikes in Houston. 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. (?) 300 275 250 Total Revenue 225 PRICE (Dollars per bike) 200 175 150 125 100 75 50 25 Demand 0 10 20 3 40 50 60 70 80 90 100 110 120 QUANTITY (Bikes)On the following graph, use the green point (triangle symbol) to plot the annual total revenue when the market price is $50, $75, $100, $125, $150, $175, and $200 per bike. ? 10600 A 9800 Total Revenue 9000 TOTAL REVENUE (Dollars) 8200 7400 6600 5800 5000 4200 3400 0 25 50 75 100 125 150 175 200 225 250 275 300 PRICE (Dollars per bike)