At a price of $1. 20, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1. 40, the coffee shop would be willing to supply 150 cinnamon rolls per day. Using the midpoint method, the price elasticity of supply is about a. 2. 5 b. 2. 60 c. 0. 15 d. 0. 375
