Economicsq1) as price drops from $5 to $6 per notebook, the quantity goes up from 300 to 310 pens.

what is price elasticity of demand?the demand for pens is elastic or inelastic ?TR increased or decreasd from _ to _?

Q2) circle the one with more elastic price elasticity of demend:

A. Food/bread

B. Water/Lamborghini

C. Plane tickets for people whop go on vacation/plane tickets for people who travel for work

D. Bus passes in the short run/bus passes in the log runE. Sneakers/Adidas sneakers