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thanhha78 thanhha78
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6 years ago
The quantity supplied of bagels is 100 at the unit price $1. Suppose the price elasticity of supply by the initial value method is 1.5, and you would like to induce sellers to increase the quantity of bagels supplied to 130. Then the new price for bagels must be
A) $11.
B) $10.20.
C) $1.20.
D) $1.10.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
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Quinn1981Quinn1981
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thanhha78 Author
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6 years ago
this is exactly what I needed
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This site is awesome
carston
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Thanks
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