Question: top and bottom single question. help Does this coefficient make their service elastic or inelastic? 1) Elastic 2) Inelastic 3) Unitary elastic 4) None of

top and bottom single question. help

Does this coefficient make their service elastic or inelastic? 1) Elastic 2) Inelastic 3) Unitary elastic 4) None of these Question 11 (1 point) Kevin and Sarah disagree on which of the two prices to charge for their weekly meal service. However, they do agree on the following demand at these two different prices and the elasticity coefficient and that elasticity is important in making pricing decisions. What they are not sure about is which will result in the most revenue. Who is right about generating more revenue? Kevin's price = $200 per week Sarah's price = $250 per week Demand for Kevin's price = 300 customers a week Demand for Sarah's price = 240 customers a week 1) Kevin 2) Sarah 3) They are both right - the revenue is the same

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