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Title: If a 10 percent increase in price causes a 20 percent increase in the quantity supplied of salt,: Post by: Phydeaux on Dec 28, 2017 If a 10 percent increase in price causes a 20 percent increase in the quantity supplied of salt,
A) the demand for salt is elastic. B) the demand for salt is inelastic. C) the supply of salt is elastic. D) the supply of salt is inelastic. E) salt is an inferior good. Title: Re: If a 10 percent increase in price causes a 20 percent increase in the quantity supplied of salt, ... Post by: holyman on Dec 28, 2017 Content hidden
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