× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
New Topic  
Phydeaux Phydeaux
wrote...
Posts: 541
Rep: 0 0
6 years ago
If a rise in the price of sandals from $9 to $11 causes an increase from 9,500 to 10,500 units supplied, then using the midpoint formula
A) supply is elastic.
B) supply is inelastic.
C) supply is unit elastic.
D) demand is elastic.
E) supply is perfectly inelastic.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
Read 65 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
B
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1693 People Browsing
Related Images
  
 794
  
 281
  
 220
Your Opinion