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Not sure about this one. If a rm nds that it can sell $24,500 worth ofa product when its price is $10 per unit. and

Not sure about this one.
If a rm nds that it can sell $24,500 worth ofa product when its price is $10 per unit. and $22,000 worth of it when its price is $12, then Multiple Choice the demand for me product Is elastlc In theI $12-$10 prlce range. the demand for me product must have Increased. elasticity of demand Is. 0.63. 0000 the demand for me product Is. Inelaatlc In the $12-$10 price range

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