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Price (dollars per unity 10 X 100 200 300 400 505 600 Quantity [units) What is true about the market in Figure 1? Select all options you think are correct. More than one option may be correct. A. If the market demand decreases by 200 units, the new demand line is unit elastic at the new equilibrium price. O B. 2+8 The correct calculation of price elasticity of demand at the average price of $8 is 100+200 C. This good is likely a necessity because the demand for it is inelastic and consumer surplus is small. D. If the market demand decreases by 200 units, total surplus decreases by $1200. E. If the market demand decreases by 200 units, total surplus decreases by $ 1000