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Based on the following information, calculate the price elasticity of demand using the midpoint method. The price for virtual reality goggles is $100 with the

Based on the following information, calculate the price elasticity of demand using the midpoint method. The price for virtual reality goggles is $100 with the quantity demanded at 12,000 a day. On Black Friday the VR goggles were selling for $85 and the quantity demanded increased to 13,000 a day. The VR goggles are ________.

A. elastic

B.inelastic

C. unit elastic

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