Use the following data for a supply curve to calculate the elasticity of supply. 
(A)Use the midpoint formula to calculate the elasticity of supply for the price between $6 and $7.
(B)Use the midpoint formula to calculate the elasticity of supply for the price between $1 and $2.Use the midpoint formula.
Definitions:
Q22: Without market coordination,<br>A)violent force is necessary to
Q26: A demand curve represents the relationship between
Q27: According to the law of demand,one way
Q29: Refer to Exhibit 1-9.Suppose the amount of
Q34: Suppose the government sets beef prices,which in
Q46: Consider the market described by the schedule
Q55: Friedrich Hayek<br>A)believed that central planning would break
Q103: Refer to Exhibit 1-4.The opportunity cost of
Q119: The price elasticity of demand partly depends
Q129: On a supply and demand diagram,consumer surplus