Consider the following demand schedule for bags. Price $11 $13 $15 Quantity 56 52 When the price of bags rises from $11 to $13, the price elasticity of d decimal place, and enter a " " if your answer is negative.) When the price of bags increases from $13 to $15, the total expendit e for bags. o $13, the price elasticity of demand is approximately (Calculate using the midpoint formula, round your answer to d swer is negative) $13 to $15, the total expenditure will because the price elasticity of demand is increase remain constant decrease