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I need help with these answers please 1. Read Chapter 5 of the textbook. 2. Review the following paragraph: Between 2008 and 2009, the quantity

I need help with these answers please

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1. Read Chapter 5 of the textbook. 2. Review the following paragraph: Between 2008 and 2009, the quantity of lobsters caught in Maine increased by 8 percent. But the total value of the catch fell by $23 million, about 10 percent. (The "value" is, of course, total revenue to lobstermen.) The figures in the example imply prices for lobsters of $3.50 in 2008 and $2.93 in 2009. So total revenue in 2008 must have been $245 million. The table below (from the Excel workbook for this chapter) summarizes the results. Total % Change % Change % Change Year P Q Revenue In P In Q In TR 2008 $3.50 70 2009 $2.93 75.6 -16.29% 8% 9.59% Source: Lima, T. (2020). Chapter 4: Demand and supply applications. In K. E. Case, R. C. Fair, & S. E. Oster, Principles of microeconomics, instructor's resource manual with solutions (Download only) (13th ed., p. 49). Pearson. 3. Calculate the total revenue for 2008 and 2009. . Tip: TR = P*Q 4. Explain why the revenue did not increase

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