Multiple Choice
The price of gluten-free buns falls by 7%. In response, the quantity supplied of gluten-free buns falls by 3.5%. The price elasticity of supply for gluten-free buns is:
A) 2.
B) 0.5.
C) -0.5.
D) 0.33.
Correct Answer:
Verified
Correct Answer:
Verified
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