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Exhibit 5-18 -Use the Information in Exhibit 5-18 to Calculate the Price

Question 60

Multiple Choice

Exhibit 5-18
Exhibit 5-18 -Use the information in Exhibit 5-18 to calculate the price elasticity of supply for restaurant meals. A) 7 B) 2 C) 1/2 D) 3/5 E) 5/3
-Use the information in Exhibit 5-18 to calculate the price elasticity of supply for restaurant meals.


A) 7
B) 2
C) 1/2
D) 3/5
E) 5/3

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