21. The following table contains information on particular questions you may be asked to answer as an analyst. You are given information in columns 1 and 3. In column 2, you must indicate the type of elasticity you would use to evaluate the question in noted in column 1. In column 3, you are given an example elasticity. In column 4, you must interpret the elasticity and then provide a description of what it implies about the good(s) in question. [8 points] (1 ) (2) (3) ( 4) Question Type of elasticity you Example | Interpretation and would use to evaluate elasticity description How sensitive are suppliers to Elastic 1.12 a change in prices? How does the change in price for a PS4 affect the change in Inelastic -0.80 quantity demanded for games? How does the change in a buyer's income affect the Inelastic -0.11 change in their quantity demanded for haggis? How does the change in price for coffee affect the change in Elastic -2.68 quantity demanded