Heinz soup increases its prices by $0.50. The original price was $1.50 and is now $2.00. The sales volume immediately drops from 1000 cans to 500 cans in one week. This is a 50% change in demand from a 33% price increase. Which is the correct answer to express the customer's price sensitivity? Responses 1.52 > 1 customers price sensitivity is elastic 1.52 > 1 customers price sensitivity is elastic .66 < 1 customers price sensitivity is elastic .66 < 1 customers price sensitivity is elastic .66 < 1 customers price sensitivity is inelastic .66 < 1 customers price sensitivity is inelastic