One of the growers is pleased with the price increase caused by the pests because she believes it will lead to increased revenue. Using elasticties, you will be able to determine whether this price change will lead to a rise or fall in total revenue in this market. Using the midpoint method, the price elasticity of demand for cashews between the price levels of $20 and $24 per ton is 2.14 * , meaning that between these two points, demand ic elastic .Thus, you can conclude that the grower's claim is incorrect > ,because total revenue will decrease > due to the postilence. Confirm your previous conclusion by calculating total revenue in the cashew market before and after the pestilence. Enter these values in the following table. Before Pestilence After Pestilence Total Revenue (Thousands of Dollars) Grade It Now Save & Continue