Question: 5) Refer to the table below. Demand is has an elasticity of 1.25 when the price falls from Price Quantity demanded ( dollars per unit)

5) Refer to the table below. Demand is has an elasticity of 1.25 when the price falls from Price Quantity demanded ( dollars per unit) (units) 9.00 O 8.00 2,000 7.00 4,000 6.00 6,000 5.00 8,000 4.00 10,000 3.00 12,000 2.00 14,000 1.00 16,000 O 18,000 A) $6 to $5. B) $5 to $4. C) $4 to $3. D) $7 to $6

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