Consider the equations for the following straight-line supply curves. In each case, p Is the price (measured In dollars per unit) and as Is the quantity supplied of the product [measured In thousands of units per month). Supply A: p I 1005., and Supply 3: p I 4053 I. Plot each supply curve on a scale diagram. In each case. plot point 1, which corresponds to price equal to $20. and point 2, which corresponds to price equal to $40. '1.) For each supply line, Aanc 6. use the point drawing tool to plot and label: I.) points A1 and 3' (where price - S20). n.) points A2 and 32 (where price - $40). 2.) Use the line drewtng tool twice to draw and label the supply lines. 5,. and 85, based on the two equations. Carelirtty fcttow the instructions above, and only draw the required object. h. For each supply curve, compute the price elasticity of supply between the points from part [a]. Using points A1 and A2, the price elasticity of supply for OSA' I]. (Enter your response rounded to two dectmetpteces.) Using points 31 and 32, the price elasticity of supply for 035- I]. {Enter your response rounded to two dectmstpteces.) c. Explain why the slope at a supply curve Is not the same as the elasticity of supply. The slope of a supply curve is measured In I: while the elasticity of supply ls measured as