Question: Please help me to answer the below attached question. Your help will very helpful to me. Thank you in advance and Godbless Price elasticity of

Please help me to answer the below attached question. Your help will very helpful to me. Thank you in advance and Godbless

will very helpful to me. Thank you in advance and Godbless Price

Price elasticity of demand - is the degree of responsiveness of quantity demanded to a change in price. Ed = percentage change in quantity demanded percentage change in price Percentage change in quantity demanded = change in quantity demanded original quantity demanded Percentage change in price = change in price original price Point Price Quantity Demanded(in kgs) A 30 120 B 35 100 C 40 80 D 45 50 Task # 1 - Compute for the E. from the table above from 1) point A to B and 2) point C to D. Once you have computed the coefficient of elasticity, indicate if elastic, inelastic or unitary. Interpret in a narrative form the result of the computation

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