O 250 Question 12 10 pts If the price of the product goes up from $20 to $25 while the quantity demanded goes down from 800 to 600 units per month, what is the price elasticity of demand (NOT using the midpoint formula)? O 1.29 O 0.25 O 0.78 1.00 D Question 13 10 pts In order to increase tax revenue, the municipality of Manassas City decides to lower taxes on fast food. The government assumes that fast-food products have