Q.1. Suppose we were looking at the demand of Shoes at one of shops at salalah market. We found that, when they had a Price R.O 6.7 they Sell 125 shoes weekly. But when shop manager decided to raise the Price to R.O. 10.5, He found that, the demand for shoes dropped to 90 shoes weekly. Calculate the elasticity of demand for shoes. (5 marks) a- Q.2 Calculate and draw Market demand curve. Also show changes in demand. (Label each graph properly) Quantity demanded by khalid 98 Total Quantity demanded (Market demand) Price Quantity Quantity Quantity demanded by demanded by demanded by Salim Ahmed Omar 50 50 70 82 40 55 78 90 30 60 85 95 20 65 90 100 105 115 120 10 75 95 130 110