The data below represent a demand schedule.

Product PriceQuantity Demanded$3052510201515201025

Using the midpoint approach, determinethe price elasticity of demand between each of the following prices:

Instructions:Round your answers to two decimal places. Enter your answers as a positive value (absolute value).

a. BetweenP₁= $30 andP₂= $25,E_d=.

b. BetweenP₁= $25 andP₂= $20,E_d=.

c. BetweenP₁= $20 andP₂= $15,E_d=.

d. BetweenP₁= $15 andP₂= $10,E_d=.