a. List at least three determinants of price elasticity of demand that tell us whether demand for a particular good is elastic or inelastic. b. If the price elasticity of demand is equal to 2, and we want our sales to go up by 8%, by how much should the price increase/decrease? c. Suppose Honda sells 100 cars at $20,000 each, making a Total Revenue (TR) of $2,000,000. If the price elasticity of demand for Honda is 2, and Honda increases the price by 10%, by how much will the quantity demanded increase/decrease? How much will be TR after this change in price? d. Suppose Honda sells 100 cars at $20,000 each, making a Total Revenue (TR) of $2,000,000. If the price elasticity of demand for Honda is 0.5, and Honda increases the price by 10%, by how much will the quantity demanded increase/decrease? How much will be TR after this change in price