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Other Fields Homework Help Economics Topic started by: Tragamin on Dec 28, 2017



Title: When price rises from $1.50 to $2.50, quantity supplied increases from 9,000 to 11,000 units. What ...
Post by: Tragamin on Dec 28, 2017
When price rises from $1.50 to $2.50, quantity supplied increases from 9,000 to 11,000 units. What is the price elasticity of supply using the midpoint formula?
A) 0.4
B) 0.8
C) 2.5
D) 4.0
E) - 0.4


Title: Re: When price rises from $1.50 to $2.50, quantity supplied increases from 9,000 to 11,000 units. ...
Post by: martrek on Dec 28, 2017
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