Q Question 1 2 / 2 pts For the next 6 questions, use the graph above. USING THE MIDPOINT METHOD, what is the absolute value of the price elasticity of demand between P=100 and P=80? Question 2 2 / 2 pts The value found in the above question is considered to be: Question 3 2 / 2 pts Suppose that at this point, producers raised the price by 5%. What would happen to quantity demanded as a result? Question 4 2 / 2 pts USING THE MIDPOINT METHOD, what is the absolute value of the price elasticity of demand between P=40 and P=20? Question 5 2 / 2 pts The value found in the above question is considered to be:

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