ELASTICITY -- What type of elasticity occurs and what is the financial result if: The elasticity is 1.3 Sales Price Change is 10.0% Original Sales Price is $5.00 Original Sales Qty 100,000 ELASTICITY -- What type of elasticity occurs and what is the financial result if: The elasticity is 1.3 Sales Price Change is 10.0% Original Sales Price is $5.00 Original Sales Qty 100,000 Elastic -- Loss of $8,500 Elastic -- Profit of $8,500 Inelastic -- Loss of $8,500 Inelastic -- Profit of $8,500