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Please check the attached picture it is contained the list of prices. Calculate the price elasticity of demand from point B to point C. Classify

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Please check the attached picture it is contained the list of prices.

  1. Calculate the price elasticity of demand from point B to point C.
  2. Classify the elasticity for point B to point C as elastic, inelastic, or unitary.
  3. Provide an explanation for the elasticity for point B to point C.
  4. Calculate the price elasticity of demand from point D to point E.
  5. Classify the elasticity for point D to point E as elastic, inelastic, or unitary.
  6. Provide an explanation for the elasticity for point D to point E.
  7. Calculate the price elasticity of demand from point G to point H.
  8. Classify the elasticity for point G to point H as elastic, inelastic, or unitary.
  9. Provide an explanation for the elasticity for point G to point H.
  10. Calculate the price elasticity of supply from point K to point L.
  11. Classify the elasticity for point K to point L as elastic, inelastic, or unitary.
  12. Provide an explanation for the elasticity for point K to point L.
  13. Calculate the price elasticity of supply from point N to point P.
  14. Classify the elasticity for point N to point P as elastic, inelastic, or unitary.
  15. Provide an explanation for the elasticity for point N to point P.
  16. Calculate the price elasticity of supply from point Q to point R.
  17. Classify the elasticity for point Q to point R as elastic, inelastic, or unitary.
  18. Provide an explanation for the elasticity for point Q to point R.

image text in transcribed
Pol ms Price Quantity A $1 0 1.200 B $20 2.000 C $30 3.500 D $40 1.000 E $50 1.700 F $00 1.500 G $70 2.200 H $00 1.600 I $00 1.300 J $100 1.900 Tnble 2: Supply for sunglasses Pol ms Price Quantity K 34 1.000 L 50 1.100 M $1 6 1.400 N $32 1.600 P $64 3.200 0 3120 1.000 R $256 1.400

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