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In the Graph Above, What Is the Price Elasticity of Supply

Question 235

Multiple Choice

In the graph above, what is the price elasticity of supply (using the midpoint formula) between points A and B? A) 1 B) 3 C) 2 D) 1/3 In the graph above, what is the price elasticity of supply (using the midpoint formula) between points A and B?


A) 1
B) 3
C) 2
D) 1/3

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