Refer to the Table Shown to Answer the Question A) Elastic

Refer to the table shown to answer the question. Between $2 and $2.20, demand is: $$\begin{array} { | c | c | } \hline \text { Price } & \text { Quantity Demanded } \\\hline \$ 1.60 & 130 \\\hline \$ 1.80 & 120 \\\hline \$ 2.00 & 110 \\\hline \$ 2.20 & 100 \\\hline \$ 2.40 & 90 \\\hline \$ 2.60 & 80 \\\hline\end{array}$$

A) elastic.
B) unit elastic.
C) inelastic.
D) perfectly elastic.

Correct Answer:

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