The demand for rosebushes in a market is as follows: a. Is this a straight-line demand curve? How do you know? b. Calculate the price elasticity of demand for roses for a price increase from $10 to...

The demand for rosebushes in a market is as follows:

a. Is this a straight-line demand curve? How do

you know?

b. Calculate the price elasticity of demand for roses

for a price increase from $10 to $11. Is demand

elastic or inelastic for this price change?

c. Calculate the price elasticity of demand for roses

for a price increase from $12 to $13. Is demand

elastic or inelastic for this price change?