When price = $33, quantity demanded = 460. When price = $31, quantity demanded = 500. The price elasticity of demand is , making this an good in the price range between $31 and $33.

A. 1.33; inelastic
B. 1.33; elastic
C. 0.75; elastic
D. 0.75; inelastic
E. 6,2; elastic

Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.