Final answer:
The speed of the elevator indicates it is moving downward; after 10 seconds, it will be 50 feet below the surface of the earth.
Step-by-step explanation:
If the speed of the elevator is -5 feet per second, this indicates that the elevator is moving downwards at a rate of 5 feet per second. After 10 seconds, the elevator will have moved 10 seconds * 5 feet/second = 50 feet. Since the speed is given as a negative value, this means the elevator is moving away from the surface, hence, it is moving below the surface. Thus, the position of the elevator with respect to the surface of the earth after 10 seconds is 50 feet below the surface.