Clear selection 6. A 35% increase in the quantity demanded for fried chicken results from a 15% decline in the price of the food. The price elasticity of demand for fried chicken is A. 1.3 B. 2.3 O C. 3.3 D. 4.3 7. The coefficient of price elasticity of demand for Good XYZ is 2.5 (after taking the absolute value). Therefore, the demand for Good XYZ is A. discount given for bulk purchase. B. specialization in the use of machinery. C. inefficient management. D. financial efficiency