b. What is sellers' total revenue at each price? At a price of $1,400 total revenue is 513 :I, it is 513 :I at a price of $1,200, $ |:| at a price of $1,000, and $ |:| at a price of $800. c. On the basis of your answers to parts {a} and {b}, how would you describe the elasticity of the market demand curve for canoes? Demand is (Click to select}: v from prices $1,400 to $1,200, Wtrom prices $1,200 to $1,000. and from prices $1,000 to .800. d. What is the numerical value ofthe coefcient ofthe price elasticity of demand, ed, in the three relevant price ranges? Do not round your Interim calculations before obtaining the final solution {I.e. do not clear your calculator). In each case, express the number to two decimal places and do not include a positive or negative sign (Le. 1.61 not -1.I-' or +1667}. From prices $1,400 to $1.200 ed is |:| , from prices $1,200 to $1,000 it is El, and from prices $1,000 to $800 it is El. e. Are your answers to parts {c} and id) for the three relevant price ranges consistent? {Clickto select] v , because demand in part {c} is elastic when the coefficient in part {d} is (Click to select] v than 1 and demand is inelastic when the coefficient is {Click to select} v than 1. f. The numerical value ofthe slope of this demand curve is |:| . Remember to enter a minus sign Irapplicable. Does a demand curve with a constant slope have a constant numerical price elasticity? e. Are your answers to parts (c) and [d) forthe three relevant price ranges consistent? {Click to selectjv f. The numerical va _because demand in part (c] is elastic when the coefficient in part {cl} is [Click to select] v than i and demand is inelastic when the coefficient is _Iick o selectiv than 1 Lie of the slope of this clemand curve is _ Remember to enter a minus sign If applicable. Does a demand curve with a constant slope have a constant nuTiericaI price elasticity? {Click to sale st] 9 , because the value of the price elastici y ofdemancl (Click to select] v in different price ranges