What is the best description of the price elasticity of supply for phones? Choose one: O A. normal O B. elastic O C. inelastic O D. unitary elasticA 40% increase in price led the quantity supplied of phones in a competitive market to increase from 370.00 to 400.00, 1st attempt Part 1 (1 point) Q S What is the price elasticity of supply for phones? Give your answer to two decimals, D Part 2 (1 point) See What is the best description of the price elasticity of supply for phones