Given the following information on quantity demanded for each price level.

a)Fill in the following table for the price elasticity of demand and total revenue.

Note:Please round your answer for price elasticity to two decimal places.

Product Price

Quantity

Demanded

Price

Elasticity

Total Revenue

10

9

8

7

6

5

4

3

1

2

3

4

5

6

7

8

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

b)Graph the demand curve.

Demand Curve

c)Graph the total revenue curve.

Note:You must plot all the points to receive full marks.

Total Revenue Curve