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Exhibit 19-3 -Refer to Exhibit 19-3. When Price Decreases from $5.50 to Decreases

Question 37

Multiple Choice

Exhibit 19-3
Exhibit 19-3 -Refer to Exhibit 19-3. When price decreases from $5.50 to $4.50, the price elasticity of supply is A) 0. B) 0.1. C) 0.5. D) 1.0. E) 5.0.
-Refer to Exhibit 19-3. When price decreases from $5.50 to $4.50, the price elasticity of supply is


A) 0.
B) 0.1.
C) 0.5.
D) 1.0.
E) 5.0.

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