Kindly assist with the answer to the question attached and also complete the information on the table provided. I am so challenged by this question.

Question 4 [25] 4.1. What do elasticities for supply and demand describe? As an example, describe in detail what the price elasticity of demand measures. 4.2. Suppose that the daily demand for Pepsi-Cola in South Africa can be represented by the following equation: QD = 175 000 - 25 000P Complete the following table by filling in the required values in the shaded spaces. Round off the values to three (3) decimal places where applicable. E Price Price elasticity elasticity Price (P) Quantity (QD) using the using the Total revenue midpoint normal point formula method 0.167 250 000 100 000 A 75 000