Answer the question based on the following data. Quantity Demanded What is the price elasticity of demand over the range of $18 to $20? P $6.30 - - $5.70 D2 D1 Q O 188 212 384 416 Refer to the diagram and assume a single good. If the price of the good decreased from $6.30 to $5.70 along D1, the price elasticity of demand along this portion of the demand curve would beAnswer the question based on the following data. Quantity Demanded Over which of the following price ranges is the demand elastic? The following data table relates to the supply schedule of a product. Price Quantity Supplied ($ Per Unit) (Units Per Week) 100 250 300 350 500 Over which of the following price ranges is the price-elasticity of supply greater than 1