Problem Set 2: Market s X + X O

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Problem Set 2: Market s X+XOwww.macmillanhighered.com/launchpad/gls2e/10606882/Home#/launchpad/item/module_pdx_gls2e_04/3d266931804c472da2730a68573125ee?mode=startQuiz&renderIn=fne&ordinal=-1...DoneProblem Set 2: Market Surplus, Price Regulation and Taxes18. The price elasticity of demand is -1.25, and the share of the tax borne by consumers is 0.80. What is the price elasticity of supply?O 1.56O 1.0 60 5Start: 12:17 PM< 18 of 18SaveSubmitO Type here to search16() ENG12:18 PM5/17/2019