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    Foundations of Macroeconomics
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    Exam 5: Elasticities of Demand and Supply
  5. Question
    The Figure Above Shows the Supply Curve for Roses
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The Figure Above Shows the Supply Curve for Roses

Question 54

Question 54

Multiple Choice

   The figure above shows the supply curve for roses. -In the figure above,at the point where the price is $60 per bunch,the price elasticity of supply is A)  1.8. B)  0.56. C)  1. D)  1.5. E)  0.
The figure above shows the supply curve for roses.
-In the figure above,at the point where the price is $60 per bunch,the price elasticity of supply is


A) 1.8.
B) 0.56.
C) 1.
D) 1.5.
E) 0.

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