This problem has 4 parts to it.1 – The graph (I attached the graph with my answers but do not know if it is correct)2-According to the midpoint method, the price elasticity of demand between points A and B on the initial graph is approximately A. 0.1 B. 0.69 C. 1.44 D. 27 3-Suppose the price of bippitybops is currently $20 per bippitybop, shown as point B on the initial graph. Because the price elasticity of demand between points A and B is (elastic, inelastic, or unit elastic), a $5-per-bippitybop increase in price will lead to (a decrease, an increase, or no change). 4- In general, in order for a price decrease to cause a decrease in total revenue, demand must be (elastic, inelastic, or unit elastic).Thank you!Attachment 1Attachment 2Attachment 3Attachment 4Attachment 5

# Price elasticity

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