Please help me with all of the questions along with the table. Write the answers for the questions a little briefly .

Q1 The market demand for laptops in a certain city of Ontario is shown in the following table. Calculate TR and answer the questions given below the table. Price 00{$} Quantity demanded Total revenue {TR} Do you think the demand is elastic when the price decreases from $1000 to $500? Why? {Apply TR test} Is the demand unit elastic between the price range of $2500 to $1500? Why? {Apply TR test} 'Demand is elastic when the price decreases from $3500 to $3000? Do you agree? Why? {Apply TR test} What is the numerical value of the price elasticity of demand, Ed in the price range of $2500 and $1500? Apply Averages Method. What is the coefcient of the price elasticity of demand, Ed in the price range of $3500 and $3000? Percentage Method. The price elasticity of demand, Ed in the price range of $1500 and $1000 is 0.95 when Mid-Point method is applied? Is it correct? Why? Will it be a smart decision to decrease the price from $1500 to $1000? Why