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