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    Exam 5: Elasticity of Demand and Supply
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    Exhibit 5-21 -What Is the Price Elasticity of Supply Between $20 and Between
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Exhibit 5-21 -What Is the Price Elasticity of Supply Between $20 and Between

Question 36

Question 36

Multiple Choice

Exhibit 5-21 Exhibit 5-21   -What is the price elasticity of supply between $20 and $40 on supply curve S' in Exhibit 5-21? A)  0 B)  infinity C)  1 D)  2 E)  10
-What is the price elasticity of supply between $20 and $40 on supply curve S' in Exhibit 5-21?


A) 0
B) infinity
C) 1
D) 2
E) 10

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