E: 0 ii 7- 9 a a ' a 6 Q 0 vamm)me 4:46PM E Khalid Mahmud File Home Insert Draw Design Layout References Mailings Review View Help a Share 5' Comments Section F Suppose that the price of a kilo of bananas drops from $5 to $3, and as a result, the quantity sold increases from 80 to 120 kilos, a) What is the value of total revenue before and aer the price change? $l and $l. b) What is the percentage change in the price? l II\" E i + E Page4of5 479words I]; English (Canada) Injrocus v O O . () ENG 4:46 PM n X AutoSave On Ly Assignment 1 (2).docx(rintu mam) - Last Modified: 9m ago 9 Search Khalid Mahmud O Share Comments File Home Insert Draw Design Layout References Mailings Review View Help c) What is the percentage change in the quantity? d) What is the value of the price elasticity of demand? Round your answer to 2 decimal places. e) Is the demand elastic or inelastic? Page 4 of 5 479 words X English (Canada) Focus + 100%