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



Title: If a rise in the price of hockey pucks from $9 to $11 results in an increase in quantity supplied ...
Post by: Tragamin on Dec 28, 2017
If a rise in the price of hockey pucks from $9 to $11 results in an increase in quantity supplied from 4,000 to 6,000 units, the elasticity of supply using the midpoint formula is
A) 0.5.
B) 0.8.
C) 1.0.
D) 2.0.
E) 20.0.


Title: Re: If a rise in the price of hockey pucks from $9 to $11 results in an increase in quantity ...
Post by: martrek on Dec 28, 2017
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