The business manager at Albertsons finds when she decreases the price of Sprite from $1.50 to $1.25, the price elasticity of demand is -2.25. How much did quantity demanded change and in what direction (5 points)? Is it in the elastic or inelastic part of the demand curve (2 points)? Explain the results qualitatively. Does the finding align with what you would expect (3 points)?