Consider two markets: the market for coffee and the market for hot cocoa. the initial equilibrium for both markets is the same, the equilibrium price is $5.50 , and the equilibrium quantity is 37.0 . when the price is $10.75 , the quantity supplied of coffee is 63.0 and the quantity supplied of hot cocoa is 109.0 . for simplicity of analysis, the demand for both goods is the same. using the midpoint formula, calculate the elasticity of supply for hot cocoa. round to two decimal places.