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Title: If a 20 percent rise in price causes a 30 percent increase in quantity supplied, the elasticity of ...
Post by: Tragamin on Dec 28, 2017
If a 20 percent rise in price causes a 30 percent increase in quantity supplied, the elasticity of supply is
A) 30.
B) 0.67.
C) 20.
D) 1.5.
E) 0.2.


Title: Re: If a 20 percent rise in price causes a 30 percent increase in quantity supplied, the elasticity ...
Post by: ediww on Dec 28, 2017
D