1. Suppose San Francisco House has the following demand when setting up the following prices: Price # of Rooms Price # of Rooms $100 270 $180 120 $110 240 $190 110 $120 210 $200 $130 190 $210 104 $140 180 $220 100 $150 170 $230 95 $160 150 $240 93 $170 140 $250 91 $260 80 108 A. Draw a graph with X-axis being price and Y-axis being demand; B. Calculate the price elasticity when the hotel price moves from $160 to $200; C. Calculate the price elasticity when the hotel price moves from $160 to $120; D. What type of product (elastic or inelastic) does San Francisco House sell? 1. Suppose San Francisco House has the following demand when setting up the following prices: Price # of Rooms Price # of Rooms $100 270 $180 120 $110 240 $190 110 $120 210 $200 $130 190 $210 104 $140 180 $220 100 $150 170 $230 95 $160 150 $240 93 $170 140 $250 91 $260 80 108 A. Draw a graph with X-axis being price and Y-axis being demand; B. Calculate the price elasticity when the hotel price moves from $160 to $200; C. Calculate the price elasticity when the hotel price moves from $160 to $120; D. What type of product (elastic or inelastic) does San Francisco House sell