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As the price of a good falls from $5 to $3, the quantity supplied of the good falls from 550 units ...

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As the price of a good falls from $5 to $3, the quantity supplied of the good falls from 550 units ...

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.

Textbook

Economics

Edition: 12^th

Author: Arnold

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Ranim_Saleem

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ejoty Author

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6 months ago

this is exactly what I needed

Holly72492

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Brilliant ツ

dri

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Thanks for your help!!

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