Suppose Samsunk sells her tablet computers at a price of $3,000. Estimates show that the manufacturing cost of each tablet computer is constant at $900. Calculate the Lerner Index of Samsunk on her tablet computers and the implied demand elasticity for her tablet computers.

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A: Given : Elasticity of demand=-2 Price per day=160 MC=0 Parking lot capacity=75%

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A: The answer is given below

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A: Answer -

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A: Elasticity of demand can be calculated as follows:

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A: Elasticity of demand depicts how much consumer responds with the change in the price level.

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