i) A gasoline station very near a professional football stadium parks cars on its lot to make money on game days. Last year it charged $6.00 per car and parked 1,000 cars.This year it raised the parking price to $9.00 and parked 800 cars.Did the station owner make a good economic decision in raising the parking prices from one year to the next?Explain the economic rationale using both the Total Revenue Test and the Coefficient of Price Elasticity of Demand. Show your calculations.