Demand

QuantityPrice

0$300

10250

20200

30150

40100

Explanation: As Quantity increases, Price of product decreases

Perfectly Elastic

QuantityPrice

0$250

10250

20250

30250

40250

Explanation: As Quantity increases, Price of product remains the same.

QuantityPrice

0$150

20150

40150

60150

80150

Explanation:As Quantity increases, Price of product remains the same.

Perfectly Inelastic

QuantityPrice

25$0

2550

25100

25150

25200

Explanation: As Quantity remains the same, Price of product increases.

QuantityPrice

55$0

55100

55200

55300

55400

Explanation: As Quantity remains the same, Price of product increases.

Unit Inelastic

QuantityPrice

25$250

50200

75150

100100

12550

Explanation: Quantity increases with the same pace as Price of product decreases.

QuantityPrice

100$75

80150

60225

40300

20375

Explanation: Quantity decreases with the same pace as Price of product increases.

Relatively Elastic

QuantityPrice

25$150

100125

175100

25075

32550

Explanation: Quantity increases faster than Price of product decreases.

QuantityPrice

150$75

10080

7585

5090

2595

Explanation: Quantity decreases faster than Price of product increases.

Relatively Inelastic

QuantityPrice

25$700

32550

39400

46250

53100

Explanation: Quantity increases slower than Price of product decreases.

QuantityPrice

40$75

36150

32225

28300

24375

Explanation: Quantity decreases slower than Price of product increases.