7 The graph below shows the weekly demand for bathing suits at a resort town in North Carolina. O Demand for Bathing Suits 80 70 60 50 Price (dollars) 40 30 20 10 D O 10 20 30 40 50 60 70 80 Quantity (bathing suits) Instructions: Enter your answers as a whole number. a. At a price of $60 per bathing suit, what is the quantity demanded of bathing suits? bathing suits b. At a price of $50 per bathing suit, what is the quantity demanded of bathing suits? bathing suits c. A decrease in price from $60 to $50 per bathing suit represents a decrease in price. O 9.11% O 16.67% O 10% O 5% d. A decrease in price from $60 to $50 per bathing suit causes a increase in quantity demanded. O 25% O 33.33% O 50% O 40% e. Using the starting point method, at a price of $60 the price elasticity of demand for bathing suits is: O - 5. O -3. O -4. O -1/4