Consider the following demand and supply schedules for Chocolate Frosted Sugar Bombs cereal. Price Boxes demanded per Boxes supplied per month month $5.00 0 600 $4.00 200 500 $3.00 400 400 $2.00 600 300 $1.00 800 200 $0.00 1,000 100 Question 1 Compute the coefficient of price elasticity of supply for cereal if the price increases from $3.00 to $4.00. Don't forget the sign