From these points in this figure, demand for cheesy fried grits is largely elastic at a price of: (w) P1 and quantity of Q3. (x) P2 and quantity of Q2. (y) P3 and quantity of Q1. (z) P4 and quantity of 0.
![1937_Price Elasticity of Demand5.png](https://secure.tutorsglobe.com/CMSImages/1937_Price%20Elasticity%20of%20Demand5.png)
Can someone explain/help me with best solution about problem of Economics...