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    Exam 19: Elasticity
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    Exhibit 19-3 -Refer to Exhibit 19-3. When Price Decreases from $3.50 to Decreases
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Exhibit 19-3 -Refer to Exhibit 19-3. When Price Decreases from $3.50 to Decreases

Question 127

Question 127

Multiple Choice

Exhibit 19-3
Exhibit 19-3    -Refer to Exhibit 19-3. When price decreases from $3.50 to $2.50, the price elasticity of supply is A) 0. B) 1.0. C) 5.0. D) 0.1. E) 0.5.
-Refer to Exhibit 19-3. When price decreases from $3.50 to $2.50, the price elasticity of supply is


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

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