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you can choose more than one. Merchandise for popular television series, movies or musicians can be highly sought after by fans. Suppose a company sold

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Merchandise for popular television series, movies or musicians can be highly sought after by fans. Suppose a company sold 200 Game of Thrones figures for a price of $25 each. However, when they set the price at $30 they only sold 160. Which of the following statements are true: The point price elasticity of demand for Game of Thrones figures at a price of $25 is unit elastic. A 1% increase in the price of Game of Thrones figures would lead to a 1% decrease in figures sold. The point price elasticity of demand for Game of Thrones figures at a price of $25 is 0.0156 (to four decimal places). The point price elasticity of demand for Game of Thrones figures at a price of $25 is 0.01 (to two decimal places)

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