If the price of cigarettes increases by 22% and the quantity cigarettes demanded falls by 25%.
this indicates that demand of cigarettes is
A less elastic
B inelastic
C unitary elastic
D perfectly elastic
E NOTA
PED is greater than 1 and less than infinite, thus its relatively elastic and thus it should be none of the above as I am assuming "less elastic ( in option a)" being less than unitary elastic.
I think in that less elastic means less than one for one change in qty ie Ed is b/w 0 and -1. So that it strikes out option a and thus left with option E only.