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Tragamin Tragamin
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6 years ago
If a rise in the price of hockey pucks from $9 to $11 results in an increase in quantity supplied from 4,000 to 6,000 units, the elasticity of supply using the midpoint formula is
A) 0.5.
B) 0.8.
C) 1.0.
D) 2.0.
E) 20.0.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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