A sporting goods store has estimated the demand for a popular brand of running shoes as given in the table below. Price per unit Shoe sales per week (OMR) 60 50 40 30 20 10 100 200 300 400 500 600 Graphically present the table to get a demand curve. If the store charges a price of 50 OMR, then increases this price to 60 OMR, estimate price elasticity of demand. Analyze the total revenue before and after the price change.

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