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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: The Elasticity of Supply
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    Figure 5-16 -Refer to Figure 5-16.Using the Midpoint Method,what Is the Price
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Figure 5-16 -Refer to Figure 5-16.Using the Midpoint Method,what Is the Price

Question 53

Question 53

Multiple Choice

Figure 5-16 Figure 5-16   -Refer to Figure 5-16.Using the midpoint method,what is the price elasticity of supply between $4 and $6? A) 0.75 B) 1.00 C) 1.20 D) 1.25
-Refer to Figure 5-16.Using the midpoint method,what is the price elasticity of supply between $4 and $6?


A) 0.75
B) 1.00
C) 1.20
D) 1.25

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