The graph below shows the nightly demand for home rentals in Aspen, Colorado, during ski season. (D Demand for Home Rentals 5m] 45!] 400 350 30E] 25E] 20E] 150 100 Price (dollars) 5:: D \"'3 20 4D 50 ED 11]] Quantity (home rentals per night) Instructions: Enter your answers as a whole number. a. At a price of $150 per night, what is the quantity demanded of home rentals? |:| rentals b. At a price of $250 per night, what is the quantity demanded of home rentals? |:| rentals c. Using the midpoint formula, an increase in price from $150 to $250 per night represents a increase in price. O 40% O 50% O 65.53% '3' 20% d. Using the midpoint formula, an increase in price from $150 to $250 per night represents a decrease in quantity demanded- O 40% O 33.33% D 28.5?5' O 20% e. At a price of $250, the price elasticity of demand for nightly rentals [with the midpoint formula] is O 4.4. O 4331. O 1.5. O 0.61