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

The data in the table shows the price and quantity supplied for

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 A B C D E Price $120 $125 $130 $135 $140 Quantity 10,000 10, 400 10,800 11, 200 11,600

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