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Question 39 (12 points) Breckenridge Ski and Snow Board Rental Co. charges 79 for a one day rental. At that price they average renting 142

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Question 39 (12 points) Breckenridge Ski and Snow Board Rental Co. charges 79 for a one day rental. At that price they average renting 142 sets of apparatus. Their yield management consultant recommended they lower their price to 60. At that price the consultant expects their average daily rental will be 220 sets of apparatus. At those prices and demand, what elasticity of demand can be expected? (Solve to two decimal places.) Your

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