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1. Suppose San Francisco House has the following demand when setting up the following prices: Price # of Rooms Price # of Roomse e $100

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1. Suppose San Francisco House has the following demand when setting up the following prices: Price # of Rooms Price # of Roomse e $100 270 $180 120 $110 240 $190 1104 $120 210 $200 108 $130 190 $210 104 $140 180 $220 1006 $150 170 $230 954 $160 150 $240 934 $170 1404 $250 91 $260 806 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

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