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Please answer the following questions according to the table. a. Please use the mid-point method to calculate the price elasticity of supply for the three

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Please answer the following questions according to the table. a. Please use the mid-point method to calculate the price elasticity of supply for the three supply curves. b. Which of the three supply curves represents the least elastic supply? And which curve represents the most elastic supply? c. Along which of the supply curves does quantity supplied move proportionately more than the price? Price- Quantity Supplied Supply Curve A $1.00 $2.00 500 6002 Supply Curve Be $1.004 $3.00 6000 900 Supply Curve ce $2.00 $5.00 400 700

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