3/5/2021 APPLY Elasticity Digital Interactive-UGUR KARATAS Student: UGUR KARATAS Instructor: Laura Storino Assignment: APPLY Elasticity Digital Interactiv Date: 3/5/21 Course: Spr 2021 Microecon 50:220:102:92 2. Suppose the demand for Ping golf clubs is D,, illustrated in the figure to the right. 140- 130- What is the elasticity of demand between prices $80 and $70 along D, (use the 120- midpoint formula)? . (Enter a numeric response using a real number rounded to two decimal places. Don't forget the minus sign.) Instead, suppose the demand for Ping golf clubs is D2. Relative to demand curve Price of Ping golf clubs D1, demand curve D2 is (1) D D2 2 6 8 10 12 14 16 18 20 Quantity of Ping golf clubs (per day) (1) O less elastic O more elastic