Task 1: 1. Demand for a product is given by D(p) = -125 In(0.01p) cases of the product at a price of $p per case. (a) At what price will consumers no longer purchase the product? (b) Compute the consumer expenditure at a price of $10. (c) Compute the consumer surplus at a price of $10. (d) At what price is the demand for the product 80 cases? (e) How much are consumers willing and able to spend to purchase 80 cases? (f) What is the price elasticity of demant at a price of $20? Is demand elastic, inelastic, or unit elastic