11. Calculating the price elasticity of supply Becky is a graduate student living in Miami who teaches clarinet lessons to supplement their normal income. At an hourly wage rate of $10, they are willing to teach 6 hours per week. Upping the wage to $25 per hour, they are willing to teach 8 hours per week. Using the midpoint method, the elasticity of Becky's labor supply between the wages of $10 and $25 per hour is approximately , which means that Becky's supply of labor over this wage range is Grade It Now Save & Continue Continue without saving