Question: The elasticity value is ? In the absolute value meaning an inelastic or elastic response? 2. In questions 2. i) iv) we are concerned with

The elasticity value is ? In the absolute value meaning an inelastic or elastic response?

2. In questions 2. i) iv) we are concerned with examining the effects on quantity demanded for whey protein after its price has changed from $30 to $20. We are given a demand curve and table below: Product Demand PI' 'C9 m Product Demand A 1 $30 B 2 $20 Note: For computations round to the nearest hundredth (ex. .12 for .126) and use a minus sign if your answer is negative (EX. .12)
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