Question: The data in the table shows the price and quantity supplied for running shoes. Using the Midpoint Method, what is the price elasticity of supply

The data in the table shows the price and quantity supplied for running shoes. Using the Midpoint Method, what is the price elasticity of supply from point B to point C ? Note: Remember to take the absolute value of the result and round to the nearest hundredth. If using a calculator, rounding should be done at the end of your calculation. Point Price Quantity A $120 10,000 B $125 10,400 C $130 10,800 D $135 11,200 E $140 11,600

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