if the annual demand for the HP OfficeJet printers at the current price of $147.52 is two million units per year, estimate the demand if the manufacturer raises its price by $10 given the price elasticity of this printer is 5.1.

b. Compute annual revenue at these two price points.

c. Given the cost to produce each unit is $112.00, what is the annual cost to meet the demand at these two price points?

d. What is the profit (revenue cost) at these two price points? Which price point generates more profit? (10 points)