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Elastic Unitary Elastic inelastic Refer to the follownig information to answer questions 14-16 1. Change Q Vegetable Consumption in the US is estimated at 400lb

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Elastic Unitary Elastic inelastic Refer to the follownig information to answer questions 14-16 1. Change Q Vegetable Consumption in the US is estimated at 400lb per capita/year . 1 . Change P The OPED for Vegetables is -. 15 Prices are projected to drop 10% next year due to increased imports. Calculate the projected % change in Vegetable consumption for next year -- SHOW CALCULATIONS 14 - . 15 = 7. AQ : 0.1 4: 1Q = - 1,5 X0. 1 - - 15% Calculate the projected Vegetable consumption per capita (in lb.) for next year -- SHOW CALCULATIONS 15 16 Demand for Vegetables would be classified as: (circle the best answer) Elastic Unitary Elastic Inelastic

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