Each scenario below gives some information about price elasticity of demand. For each, calculate the missing data, and determine if the price change under consideration will increase, decrease, or not change the firm's total revenue. Honest Abe's Used Cars estimates the price elasticity of demand for their cars to be -4.1. Last month, Abe tried a new marketing scheme which decreased the number of cars sold by 67%. Abe must have prices by Number Abe's total revenue increased increased decreased % did not change decreased At Webs-R-Us, a website design company, the new manager has decided to increase the price of Webs-R-Us services by 75%. If Webs-R-Us has a price elasticity of demand at -0.50, we can expected the number of websites designed to increase by Number and total revenue to decrease increase decrease O not change