According to the midpoint method, the price elasticity of demand between points A and B is approximately____.Suppose the price of bikes is currently $25 per bike, shown as point B on the initial graph. Because the demand between points A and B is _________ , a $25-per-bike increase in price will lead to ________ in total revenue per day. In general, in order for a price decrease to cause a decrease in total revenue, demand must be ______ .Below is the graph to the question. But there is also a an empty graph that I need to plot on. It states : 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.

Note: You will not be graded on any changes made to this graph. ? 300 275 250 Total Revenue 225 200 175 PRICE (Dollars per bike) 150 125 100 75 A 50 B 25 Demand O O 18 38 45 54 83 72 81 90 99 108 QUANTITY (Bikes)