Part 1 of 2 O Points: 0 of 1 With higher fuel costs, airlines raised their average fare from $1 05 to $1.35 per passenger mile and the number of passenger miles decreased from 2.5 million a day to 1 5 million a day What is the price elasticity of demand for air travel over this range? Describe the demand for air travel. Over the price range of $1.05 to $1.35 per passenger mile, the price elasticity of demand is > >> Answer to 1 decimal place. e Text Pages Grapher Get More Help - Type here to search O DELL