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The Following Data Table Relates to the Supply Schedule of a Product

Question 80

Multiple Choice

The following data table relates to the supply schedule of a product. The following data table relates to the supply schedule of a product. Over which of the following price ranges is the price-elasticity of supply less than 1? A) $5 to $10 B) $25 to $30 C) It is less than one over all price ranges. D) $20 to $25 Over which of the following price ranges is the price-elasticity of supply less than 1?


A) $5 to $10
B) $25 to $30
C) It is less than one over all price ranges.
D) $20 to $25

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