The table below depicts the demand for sunscreen at Daytona Beach.

Demand for Sunscreen

Price (dollars)	Quantity (bottles)	Total Revenue (dollars)
$16.00	0	$
14.00	500
12.00	775
10.00	1,050
8.00	1,325
6.00	1,600
4.00	1,875
2.00	2,150
0.00	2,425

Instructions:Enter your answer as a whole number. If you are entering a negative number include a minus sign.

a. Fill in the total revenue column.

b. When the price of a bottle of sunscreen decreases from $14.00 a bottle to $12.00 a bottle, what is the change in total revenue?

$

c. When the price of a bottle of sunscreen decreases from $10.00 a bottle to $6.00 a bottle, what is the change in total revenue?

$

d. When the price of a bottle of sunscreen decreases from $4.00 a bottle to $2.00 a bottle, what is the change in total revenue?

$

e. When the price of sunscreen is in the range of $14.00 per bottle to $12.00 per bottle, demand is

multiple choice 1

• unit-elastic.
• elastic.
• inelastic.
• perfectly elastic.

f. When the price of sunscreen is in the range of $4.00 per bottle to $2.00 per bottle, demand is

multiple choice 2

• unit-elastic.
• inelastic.
• elastic.
• perfectly elastic.

g. Total revenue for sunscreen is maximized at a price of

multiple choice 3

• $6.00.
• $2.00.
• $8.00.
• $4.00.

h. When total revenue for sunscreen is maximized, demand is

multiple choice 4

• perfectly elastic.
• inelastic.
• elastic.
• unit-elastic.