Use the following information to answer the questions below:

P1	$329
Q1	40%
P2	$289
Q2	45%
Unit variable cost	$40
Rooms Available	180

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Question 82 pts

What is the price elasticity of demand?

Group of answer choices

1.10

.91

1.03

.97

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Question 92 pts

Given the information above, how would demand be considered?

Group of answer choices

Unitary elastic

Inelastic

Elastic

Not enough information to determine

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Question 102 pts

What is the net incremental benefit (cost)?

Group of answer choices

$639

-$639

$5,841

-$5,841