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Tragamin Tragamin
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6 years ago
When price rises from $1.50 to $2.50, quantity supplied increases from 9,000 to 11,000 units. What is the price elasticity of supply using the midpoint formula?
A) 0.4
B) 0.8
C) 2.5
D) 4.0
E) - 0.4
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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#1
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6 years ago
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Tragamin Author
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6 years ago
Smart ... Thanks!
Gamiung3657
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You make an excellent tutor!
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This calls for a celebration Person Raising Both Hands in Celebration
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