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Question 11 {1.25 points] When the price of apples was $8 a bag each, Thelma supplied 10 bags to the market. When the price increased
Question 11 {1.25 points] When the price of apples was $8 a bag each, Thelma supplied 10 bags to the market. When the price increased to $12 a bag, she supplied 14 bags- What was the Thelma's elasticity of supply for apples? Question 12 (1.25 points] Louise produces soccer balls. If the demand for soccer balls is inelastic, what should she do to increase her revenue? 0 decrease the price of her soccer balls 0 increase the price of her soccer balls 0 leave the price of her soccer balls unchanged 0 leave quantitv of soccer balls she produces unchanged
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