Use the graph on the next page to answer the following questions:a. The interval elasticity of demand over the price range $3 to $5 is ____________.b. The interval elasticity of demand over the price range $10 to $11 is ____________.c. The interval elasticity of demand over the price range $5 to $7 is ____________.

Transcribed Image Text:

12 11 10 | 5 3 Demand | | 200 400 1,000 1,400 1,800 2,400 Quantity Price (dollars)