On the following graph, use the green point (triangle symbol) to plot the weekly total revenue when the market price is $50, $75, $100, $125, $150, $175, and $200 per scooter. 2610 2430 Total Revenue 2250 2070 1890 TOTAL REVENUE (Dollars) 1710 1530 1350 1170 990 0 25 50 75 100 125 150 175 200 225 250 275 300 325 PRICE (Dollars per scooter) According to the midpoint method, the price elasticity of demand between points A and B is approximately Suppose the price of scooters is currently $125 per scooter, shown as point A on the initial graph. Because the demand between points A and B is , a $25-per-scooter decrease in price will lead to in total revenue per week. In general, in order for a price decrease to cause a decrease in total revenue, demand must be6. Elasticity and total revenue The following graph illustrates the weekly demand curve for motorized scooters in Madison. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. (? 325 300 275 Total Revenue 250 225 200 175 PRICE (Dollars per scooter) 150 A 125 B 100 75 50 25 Demand 0 3 6 9 12 15 18 21 24 27 30 33 36 39 QUANTITY (Scooters)