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A product sells 450 units at a price of $185 each. When price is increased to $200 each, sales go down to 400. Mecalling Price

A product sells 450 units at a price of $185 each. When price is increased to $200 each, sales go down to 400. Mecalling Price Elasticity of Demands formula sheet), here... O PED equals 0.7297 and demand is inelastie O PED equals 0.7297 and demand in elastic O PED equals 1.37 and demand in elastic O PED equals 1.00 and demand is unitary PED equals 1.37 and demand is inelastic

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