If the price of product M increases from $80 to  $100, the quantity supplied for product M will  increase from 850 to 1150  o What is price elasticity of supply for product M? If the market price of pizza falls from $15 to $12,  the quantity supplied for pizza will drop from 2000 to 1500.  o What is price elasticity of supply for pizza with respect to a) original price of pizza? b) new price of pizza? c) midpoint-price of pizza?

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