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

Question 198

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 greater than 1? A) $10 to $15 B) $15 to $20 C) $20 to $25 D) $25 to $30 Over which of the following price ranges is the price-elasticity of supply greater than 1?


A) $10 to $15
B) $15 to $20
C) $20 to $25
D) $25 to $30

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