a.When bottlers increased the price of canned soda from vending machines by 15%, sales dropped by 25%. Calculate the price elasticity of demand for canned soda.

b.At the same time as the price increase for soda, sales of potato chipsdropped by 20% while sales of bottled water increased by 15%. Assume the price of chips and water did not change. Calculate the appropriate cross price elasticities.

c.Given your answer in part A, what do we expect to happen to the soda

bottler's total revenue after the price increase? Explain your answer.