The data in the table shows the price and quantity supplied for floor mats. Using the Midpoint Method, what is the price elasticity of supply from point B

to point C ?

Note: Remember to take theabsolute valueof the result and round to the nearesthundredth. If using a calculator, rounding should be done at theendof your calculation.

Point Price Quantity

A $40 $500

B $43 $520

C $46 $540

D $49 $560

E $52 $580