(TCO B) The following table shows part of the demandfor tickets to a local sporting event:Price(P)Quantity(Q)15..4010.10061503250(2 pts.) Is demand elastic in the $6 $10 pricerange?(4 pts.) Ed = 0.75 in the $3 $6 price range.In thisrange of demand by what percentage would quantity demanded changeif price changes by 20 percent?(4 pts.) Price falls from $15 to $10. Does total revenue (TR)increase decrease or remain the same?