8. The table below describes the supply curve for light bulbs: Price per Light Bulb ($) Quantity Supplied per Day 1.00 500 1.50 3,000 2.00 4,000 2.50 4,500 3.00 4,500 Compute the price elasticity of supply and determine whether supply is price elastic, price inelastic, perfectly elastic, perfectly inelastic, or unit elastic: a. when the price of a light bulb increases from $1.00 to $1.50. b. when the price of a light bulb increases from $1.50 to $2.00. c. when the price of a light bulb increases from $2.00 to $2.50. d. when the price of a light bulb increases from $2.50 to $3.00