An automotive market analyst has compiled the following data for four different car models. Based on the relationship between consumer responsiveness to price changes and a firm's pricing power, which car model most likely has the highest profit margin as a percentage of its price?
| Car Model | Price | Price Elasticity of Demand |
|---|---|---|
| The Commuter | $22,000 | -7.1 |
| The Adventurer | $45,000 | -4.5 |
| The Executive | $75,000 | -2.8 |
| The Sovereign | $150,000 | -1.9 |
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