b. Draw a graph AND calculate the price elasticity of the demand for chocolate bars if the price goes from $2 to $3, causing you to change your weekly consumption from 8 bars per week to 5.Show all work and explain what the outcome means to a business!!(hint: refer to the above video process first before completing this section

A.Draw a graph AND calculate the price elasticity of the supply for concert tickets if the price goes from $50 to $60, causing you to change your weekly consumption from 10 tickets per week to 15.Show all work and explain what the outcome means to a business!(hint: refer to the above video process first before completing this section)