4. Elastic, inelastic, and unit-elastic demand The following graph shows the demand for a good. (?) PRICE (Dollars per unit) Demand QUANTITY (Units) For each of the regions listed in the following table, use the midpoint method to identify if the demand for this good is elastic, (approximately) unit elastic, or inclastic Region Elastic Inelastic Unit Elastic Between W and X O O Between X and Y O O O Between Y and Z O O O True or False: The value of the price elasticity of demand is equal to the slope of the demand curve. True False Grade It Now Save & Continue Continue without saving