Is PRICE (Dollars per unit) 360 Z Supply 180 X W s of 64 72 QUANTITY (Units) For each of the regions, use the midpoint method to identify whether the supply of this good is elastic or inelastic. Region. Between Y and Z Elastic Inelastic Between W and X S Is ples of QUANTITY (Units) For each of the regions, use the midpoint method to identify whether the supply of this good is elastic or inelastic Region Between Y and Z Between W and X Elastic Inelastic 0 True or False: For high levels of quantity supplied where firms have reached near maximum capacity, supply becomes more elastic because firms may need to invest in additional capital in order to increase production further. True False A