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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
Jess owns a sandwich shop. The price of a sandwich recently increased from $5 to $7. Jess responded by increasing the quantity of sandwiches she supplied from 70 to 90 per day. Using the midpoint method, Jess's price elasticity of supply is equal to
A) 1.33.
B) 0.75.
C) 3.00.
D) 4.00.
E) 1.50.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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#2
8 years ago
No problemo Happy Dummy
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