Question: Hi, I need help with this, thanks. Table 1: Demand for athletic shoes Points Price Quantity A $10 1,200 $20 2,000 $30 3,500 $40 1,800
Hi, I need help with this, thanks.


Table 1: Demand for athletic shoes Points Price Quantity A $10 1,200 $20 2,000 $30 3,500 $40 1,800 $50 1, 700 $60 1,500 $70 2,200 $80 1,600 $90 1,300 $100 1,900 Table 2: Supply for sunglasses Points Price Quantity K $4 1,000 L $8 1. 100 $16 1,400 $32 1,600 $64 3, 200 $128 1.000 $256 1.4001. Calculate the price elasticity of demand from point 8 to point C. 2. Classify the elasticity for point B to point C as elastic, inelastic, or unitary, 3. Provide an explanation for the elasticity for point B to point C. 4. Calculate the price elasticity of demand from point D to point E. 5. Classify the elasticity for point D to point E as elastic, inelastic, or unitary, 6. Provide an explanation for the elasticity for point D to point E. 7. Calculate the price elasticity of demand from point G to point H. 8. Classify the elasticity for point G to point H as elastic, inelastic, or unitary, 9. Provide an explanation for the elasticity for point G to point H. 10. Calculate the price elasticity of supply from point K to point L. 11. Classify the elasticity for point K to point Las elastic, inelastic, or unitary. 12. Provide an explanation for the elasticity for point k to point L. 1B. Calculate the price elasticity of supply from point N to point P. 14. Classify the elasticity for point N to point P as elastic, inelastic, or unitary, 15. Provide an explanation for the elasticity for point N to point P 16. Calculate the price elasticity of supply from point Q to point R. 17. Classify the elasticity for point Q to point R as elastic, inelastic or unitary, 18. Provide an explanation for the elasticity for point Q to point R
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