Question: 6 Use the data in the table below to answer the following question. 0 0 : 5 1 : 2 5 table [ [

6
Use the data in the table below to answer the following question.
00:51:25
\table[[Price,\table[[Quantity],[Demanded]]],[$20,12],[18,17],[16,20],[14,24],[12,30],[10,36],[8,40],[6,44],[4,48]]
The price elasticity of demand (based on the midpoint formula) when price decreases from $8 to $6 is
Multiple Choice
elastic.
inelastic.
unit elastic.
perfectly elastic.
6 Use the data in the table below to answer the

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