Use the exhibit to compute the midpoint price elasticity of the linesa) Line Swb) Line Smc) Line SyPlease show work

EXHIBIT 9 Supply Becomes More Elastic Over Time SW Sm Sy $1.25 1.00 Price per unit 0 100 110 140 200 Quantity per day The supply curve one week after a price increase, S., is less elastic, at a given price, than the supply curve