Question 2 a} Complete the following steps: 1. Choose one example product or service. 2. Choose numbers for its original price and the quantity demanded. 3. Change the price and the quantity demanded (here, remember the law of demand}. 4. Calculate the price elasticity of demand {2U points} b} How using the elasticity number {found from the previous question} what price change could increase the total revenue? Explain your answer. (1U points}