# The Arc Elasticity Of Demand

Use the following demand schedule to answer the question parts below.

**Point**

**Price**

**Quantity Demanded**

**Quantity Supplied**

**A**

$10

150

975

**B**

$9

200

800

**C**

$8

230

650

**D**

$7

260

500

**E**

$6

275

410

**F**

$5

300

300

**G**

$4

320

200

**H**

$3

350

150

**I**

$2

400

120

**J**

$1

500

100

- Calculate the arc elasticity of
**demand**between each point and its neighbor (that is, from A to B, B to C, etc.) and determine whether each value is price elastic, price inelastic, or unit elastic - Calculate the arc elasticity of
**supply**between each point and its neighbor (that is, from A to B, B to C, etc.) and determine whether each value is price elastic, price inelastic, or unit elastic - Calculate the arc elasticity of
**demand**between A and F, A and D, and A and B and determine whether each value is price elastic, price inelastic, or unit elastic - Calculate the arc elasticity of
**supply**between A and F, A and D, and A and B and determine whether each value is price elastic, price inelastic, or unit elastic