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Exhibit 19-3 Refer to Exhibit 19-3

Question 116

Multiple Choice

Exhibit 19-3 Exhibit 19-3 Refer to Exhibit 19-3. When price decreases from $1.50 to $0.50, 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 $1.50 to $0.50, the price elasticity of supply is


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

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