A. Use the midpoint formula to calculate elasticity of demand for the following data values for product A. Must show work to receive full points. (Correct work 4 points Correct answer 2 points)Price Quantity$10 200$12 160B. Your goal is to maximize revenue for product A. After finding the elasticity of demand for product A, would you do anything to the price of product A? Explain in detail what would you do and why. (3 points Answer must be in sentences)

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)