Q Question 1 1 / 1 pts If a 25% change in price results in a 40% change in quantity supplied, then the price elasticity of supply is about Question 2 1 / 1 pts At a price of $1.20, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1.40, the coffee shop would be willing to supply 150 cinnamon rolls per day. Using the midpoint method, the price elasticity of supply is about Question 3 1 / 1 pts Table 5-2 Price Quantity $100 0 $80 10 $60 20 $40 30 $20 40 $0 50 Refer to Table 5-2. Using the midpoint method, if the price falls from $40 to $20, the absolute value of the price elasticity of demand is Question 4 1 / 1 pts Figure 5-13 Refer to Figure 5-13. Using the midpoint method, what is the price elasticity of supply between $100 and $220?

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