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The manager of Racl Pizzeria conducted a pricing experiment in June 2020. For the week of June 314, 2020. the manager lowered the price of Rad's signature pizza, the small Zephyr, from $26.00 to $22.00. As a result, weekly sales ofthe small Zephyr rose from 30,000 to 42,000 [see the table below}. Price and Sales Data From Rad Pizzeria lQuantity of Zephyr Pizzas Sold Week Price of Small Zephyr Pizza {thousands} June 1 7 $25.00 30 June 8 14 $22.00 42 Using the arc elasticity formula. the price elasticity of demand for the small Zephyr pizza at Rad Pizzeria is o 2 o 3 0 1-57 0 2.6