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Question #6 (30%) The demand for winter boots is described by the following function: P = 200 - 80. a. If the price is $168, what is the quantity demanded? b. If the price is $168, what is the total revenue? c. If the price is $152, what is the quantity demanded? d. If the price is $152, what is total revenue? e. Compute the price elasticity of demand between $168 and $152. f. How would you describe the demand curve in the price range $168-$152? g. If the price is $80, what is the quantity demanded? h. If the price is $80, what is total revenue? i. If the price is $64, what is the quantity demanded? j. If the price is $64, what is total revenue? k. Compute the price elasticity of demand between $80 and $64. I. How would you describe the demand curve in the price range $80-$64? m. Considering the whole demand curve, for what price level is total revenue maximized? n. Compute the total revenue at that price level. o. What is the relationship between price elasticity of demand and total revenue along a linear demand curve