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Other Fields Homework Help Economics Topic started by: tuggy on May 22, 2017



Title: When the price of a good increases by 300%, the quantity supplied of the good increases from 200 ...
Post by: tuggy on May 22, 2017
When the price of a good increases by 300%, the quantity supplied of the good increases from 200 units to 900 units. The price elasticity of supply of the good is:
A) 1.17.
B) 1.5.
C) 3.
D) 4.5.


Title: Re: When the price of a good increases by 300%, the quantity supplied of the good increases from 200 ...
Post by: lostein on May 22, 2017
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Title: Re: When the price of a good increases by 300%, the quantity supplied of the good increases from 200 ...
Post by: tuggy on Jul 7, 2017
Beautiful :D :D