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    Essentials of Microeconomics
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    Exam 10: Elasticity
  5. Question
    What Is the Price Elasticity of Supply If the Supply
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What Is the Price Elasticity of Supply If the Supply

Question 8

Question 8

Multiple Choice

What is the price elasticity of supply if the supply curve is given by P = 2q?


A) 1
B) 2
C) 3
D) 4
E) None of the above

Correct Answer:

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