3. For the following two points (Point E and Point F) a. Compute the elasticity of supply coefficient. (Points: 5) i. Provide the correct formula ii. Show the procedure iii. State the correct answer, including correct sign and magnitude -1 b. Interpret your elasticity of supply coefficient. (Points: 5) c. Is the supply elastic, inelastic, or unitary elastic? (Points: 4) Point E Point F (Q1, P1) (Q2, P2) (250 units, $4.25) (300 units, $5.00)