QUESTION $5$

Interpretation of Price Elasticity of Demand

The table shows the quantity demanded for hockey pucks at various prices.

$\backslash$table$[[$Point$,$Price,Quantity Demanded$],[$A$,1,45],[$B$,2,40],[$C$,3,35],[$D$,4,30],[$E$,5,25]]$

Using the midpoint formula, the price elasticity of demand between $D$ and $E$ is $q,.$ At this point, the demand curve is $($elastic$/$inelastic$).$ Round your final answer to two decimal places.

$-0\mathrm{.}67,$ elastic

$-0\mathrm{.}82,$ elastic

$-0\mathrm{.}67,$ inelastic

$-0\mathrm{.}82,$ inelastic

QUESTION $6$