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Lauren1 Lauren1
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Posts: 4120
Rep: 12 0
9 years ago
When the price of perfume changes from $24 to $26, the quantity supplied increases from 100 jars to 150 jars. What is the elasticity of supply of perfume?
A) 0.04
B) 25.0
C) 5.0
D) 0.2
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MrDerecheMrDereche
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#1
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Posts: 4095
Rep: 304 0
9 years ago
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Lauren1 Author
wrote...
#2
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
#3
9 years ago
You're welcome!
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