Use the following graph for Yolanda's Frozen Yoghurt Stand to answer the questions that follow. Figure 3.3 Price $ per cone $3.00 A $2.50 B C D1 0 200 225 300 Quantity (cones per day)a. Use the midpoint formula to calculate the price elasticity of demand for D1 between point A and point C, and the price elasticity of demand for D2 between point A and point B. Which demand curve is more elastic, D1 or D2? Briefly explain.22- 21 (P1+P2) /2 PED =P, -P X (21+22) /2