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hliz3 hliz3
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A year ago
Suppose an increase in demand for web-design service in Canada increases the price from $95 per hour to $105 per hour and hours of service delivered increases from 400 000 hours to 800 000. What is the elasticity of supply of this service?

▸ 4.2

▸ 0.167

▸ 0.15

▸ 16.67

▸ 6.67
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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john a.john a.
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A year ago
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hliz3 Author
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A year ago
Just got PERFECT on my quiz
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Brilliant ツ
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Helped a lot
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