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Other Fields Homework Help Economics Topic started by: ejoty on Sep 27, 2023



Title: As the price of a good falls from $5 to $3, the quantity supplied of the good falls from 550 units ...
Post by: ejoty on Sep 27, 2023

As the price of a good falls from $5 to $3, the quantity supplied of the good falls from 550 units to 400 units. Price elasticity of supply is



0.95.



1.20.



1.58.



0.63.



Title: Re: As the price of a good falls from $5 to $3, the quantity supplied of the good falls from 550 units ...
Post by: Ranim_Saleem on Sep 27, 2023
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