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In the questions 16-18 use these values in the multivariate demand function for Grapple tablets: P. =$500 P.= $600 P, =$600 PAN = $50 P.

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In the questions 16-18 use these values in the multivariate demand function for Grapple tablets: P. =$500 P.= $600 P, =$600 PAN = $50 P. = $100 Palm = $30 A = 40 A = $100,000 C =2 Y=$30,000 Q - 10000 -25P +20P. +30P, -15P-35P-10P +0.05A +0.03A - 25C +0.1Y 16. After the values above are entered into your demand fimction, what quantity of Grapple tablets will be demanded? Be very careful with this calculation. This value will be used again below. Anewer is Qg= 28,902 17. What is the point cross-price elasticity of Grapple tablets at the above price of Hewpaq laptop: (P.)? 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- Work elasticity out in detail, give your calculations below. Next, write a one sentence comment addressing the question asked. 18. What is the point age elasticity of Grapple tablets at the above age level (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-. 80 A Work elasticity out in detail, give your calculations below. Next, write a one sentence comment addressing the question asked

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