in excel only. 4. Acme's management team wants to project the total revenue that it can anticipate from its best-selling product next year. Acme currently sells 60,000 of these each year at an average price of $550. Research shows that its price elasticity is 0.75. If it chooses to raise prices by 12%, about how much can it expect its total revenue for the product to change next year, all other things being equal? Please solve in excel only