Top Posters
Since Sunday
c
6
r
4
c
3
m
3
h
3
1
3
n
3
s
3
d
3
c
3
a
3
r
3
New Topic  
Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
Suppose tennis shoes cost $50 per pair and firms supply 50,000 pairs of shoes. If the price decreases to $45 and firms decide to supply 48,000, the elasticity of supply equals
A) 0.0025.
B) 0.04.
C) 2.63.
D) 0.39.
Read 445 times
3 Replies
Replies
Answer accepted by topic starter
MrDerecheMrDereche
wrote...
Top Poster
Posts: 4095
9 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1297 People Browsing
Related Images
  
 204
  
 228
  
 66
Your Opinion
Who will win the 2024 president election?
Votes: 110
Closes: November 4

Previous poll results: What's your favorite coffee beverage?