Below find a demand schedule for Kim and Kylie (not a fan, just all I could think of) showing the price and quantity of lattes demanded at each price. Please calculate the price elasticity of demand for both Kim and Kylie usin the mid-point method if the price of lattes rises from $3.50 to $6.00. Please show all your work so if there is a problem, we can figure out what happened. Once you have calculated the price elasticity, explain if the elasticit of demand is elastic/inelastic/or unit elastic. Once you have determined the elasticities of demand for each person, please explain why the elasticities are what they are. You will have to improvise this answer based on the reading regarding what causes commodities to be more or less elastic.