1. From the data shown in the table below about demand for smart
phones, calculate the price elasticity of demand (using the arc
method) from: 1.1. Point B to point C 1.2. Point D to
point E 1.3. Point G to point H Classify the
elasticity at each point as elastic, inelastic or unit elastic.
Points P Q A 60 3,000 B 70 2,800 C 80 2,600 D 90 2,400 E 100 2,200
F 110 2,000 G 120 1,800 H...