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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Elasticity of Demand and Supply
  5. Question
    Exhibit 5-21 What Is the Price Elasticity of Supply
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Exhibit 5-21 What Is the Price Elasticity of Supply

Question 220

Question 220

Multiple Choice

Exhibit 5-21 Exhibit 5-21   What is the price elasticity of supply between $10 and $20 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 $10 and $20 on supply curve S in Exhibit 5-21?


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

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