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Phydeaux Phydeaux
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Posts: 541
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6 years ago
If a 10 percent rise in price causes a 10 percent increase in quantity supplied, the elasticity of supply is
A) 10.
B) 0.1.
C) 100.
D) 1.
E) 0.01.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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