Gwhen the price is $18, the quantity demanded is 120 units. when the price rises to $20, the quantity demand falls to 100 units. the price elasticity of demand using the initial-value method is nothing. (enter your response as an absolute value rounded to two decimal places.) the price elasticity of demand using the midpoint method is nothing. (enter your response as an absolute value rounded to two decimal places.)

Swain company manufactures one product, it does not maintain any beginning or ending inventories, and its uses a standard cost system. the company's beginning balance in retained earnings is $65,000. it sells one product for $170 per unit and it generated total sales during the period of $603,500 while incurring selling and administrative expenses of $54,500. swain company does not have any variable manufacturing overhead costs and its standard cost card for its only product is as follows: