Question: help Question 6 Use the data in the table below to answer the following question. Price Quantity Demanded $20 12 18 17 16 20 14

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Question 6 Use the data in the table below to answer the following question. Price Quantity Demanded $20 12 18 17 16 20 14 24 12 30 10 36 8 40 6 44 48 O -1.37 The price elasticity of demand (based on the midpoint formula) when price decreases from $8 to $6 is O -1 -0.33 O -3.29

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