In the questions 16-18 use these values in the multivariate demand function for Grapple tablets: PE = $500 Ph= $600 PI = $600 Pay = $25 Pax = $50 Pogo = $30 A = 40 A = $100,000 C =2 Y=$30,000 16. After the values above are entered into your demand function, what quantity of Grapple tablets will be demanded? Be very careful with this calculation. This value will be used again below. 19401 28902 31027 35902 38902 40152 17. What is the point income elasticity of demand for Grapple tablets at the above income level (Y)? Show the values you use in the formula and work out completely. Be sure to show the sign. Does this value indicate a very sensitive (elastic; responsive) relationship (write a one sentence comment)? The formula is: E = - Y Q g Work elasticity out in detail, give your calculations below. Next, write a one sentence comment addressing the question asked 18. What is the point advertising elasticity of Grapple tablets at the above level of advertising expenditures (A)? Show the values you use in the formula and work out completely. Be sure to show the sign. Does this value indicate a very sensitive (elastic; responsive) relationship (write a one sentence comment)? The formula is: E =- cog A CA Q , Work elasticity out in detail, give your calculations below. Next, write a one sentence comment addressing the question asked. 19. Write the first derivative of the following function in the space provided on the answer sheet: R =15 - 3T+ 4T2 -6T3 20. Write the first derivative of the following function in the space provided on the answer sheet: Q = 6-P2+ F