Determine the amount of cash received from customers for each of the two independent situations below. 
Definitions:
Price Elasticity of Demand
A measure of how sensitive the quantity demanded of a good is to a change in its price.
Elastic
Refers to a market for a product or service that is price sensitive; that is, relatively small changes in price will generate fairly large changes in the quantity demanded.
Specific Brand
A particular brand that is identified by its unique name, symbol, or design, used to distinguish it from other brands within the same category.
Deodorant
A personal care product applied to the body to prevent or mask odor caused by the bacterial breakdown of perspiration.
Q16: Partial balance sheets and additional information are
Q22: The reason that opportunity costs arise is
Q50: In 2013, due to a change in
Q56: Refer to Scenario 1.1.The statement,"the minimum wage
Q57: Inflation and unemployment<br>A)are the focus of normative
Q66: Mattson Company receives royalties on a patent
Q71: What is Rudyard's basic EPS?<br>A)$2.13.<br>B)$4.80.<br>C)$4.00.<br>D)$3.20.
Q117: The calculation of diluted earnings per share
Q129: The interest rate paid on bonds increases
Q133: In preparation for developing its statement of