Consider two markets: the market for motorcycles and the market for pancakes. The initial equilibrium for both markets is the same, the equilibrium price is $6.50, and the equilibrium quantity is 21.0. When the price is $12.75, the quantity supplied of motorcycles is 63.0 and the quantity supplied of pancakes is 101.0. For simplicity of analysis, the demand for both goods is the same.

Using the midpoint formula, calculate the elasticity of supply for pancakes. Please round to two decimalplaces.

Supply in the market for motorcycles is:

A. less elastic than supply in the market for pancakes

B. more elastic than supply in the market for pancakes

C. the same elasticity as supply in the market for pancakes

D. There is not enough information to tell which has a higher elasticity