Question: From the following data about demand for dishwashers, calculate the elasticity of demand from point A to point B, from point C to point D,

From the following data about demand for dishwashers, calculate the elasticity of demand from point A to point B, from point C to point D, and from point E to point F. Classify the elasticity at these points as elastic, inelastic, or unitarily elastic.
Point Price __________________Quantity Demanded
A..................................................$160 7,000
B................................................. $180 5,800
C................................................. $200 5,000
D................................................. $220 4,500
E...................................................$240 4,200
F................................................. $260 4,000

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