original Reverse Q1 & Q2 the same an

Q1 10 P1 1 Q1 10
Q2 16 P2 6 Q2 8

-0.32 0.56
0.32 Price Inelastic , Є<1, %ΔQ < %ΔP 0.56

1 Q1 1 P1 10 2 Q1 1000
Q2 6 P2 16 4+3 = Q2 2000

-3.10 -3
3.10 Price Elastic, Є> 1, %ΔQ > %ΔP 3.00

3 Q1 100 P1 5 % Q1 1000
Q2 200 P2 6 Q2 950

-3.67 0.4871795
3.67 Price Elastic, Є> 1, %ΔQ > %ΔP 0.49

%ΔQ= 142.857143 %ΔP= 46.153846 Formula from the new Book

Єs=%ΔQ/%ΔP 3.0952381

3.0952380952

Q1 500
Q1 450 P1 5.5 Q2 1000
Q2 350 P2 5.5
1
#DIV/0! 1.00
#DIV/0! Perfectly Price Elastic = ∞ Qs changes, price the same

Q1 1000 P1 5
Q2 1000 P2 4.5

0
0.00 Perfectly Price inelastic Є=0, P changes but Qs no change
Reverse Q1 & Q2 the same answer Uri ng Price Elasticity
P1 10 Price Elastic, Є> 1, %ΔQ > %ΔP
P2 15 Price Inelastic , Є<1, %ΔQ < %ΔP
Unitary o Unit elatic, Є=1 %ΔQ = %ΔP
Perfectly Price Elastic = ∞ Qs changes, price the same
Price Inelastic , Є<1, %ΔQ < %ΔP Perfectly Price inelastic Є=0, P changes but Qs no change

P1 20
P2 25

Price Elastic, Є> 1, %ΔQ > %ΔP

P1 4.5
P2 5

Price Inelastic , Є<1, %ΔQ < %ΔP

P1 5
P2 2.5

Unitary o Unit elatic, Є=1 %ΔQ = %ΔP