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    Survey of Economics Principles
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    Exam 4: Elasticity: A Measure of Responsiveness
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    If the Price Elasticity of Supply Is Elastic, Which of the Following
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If the Price Elasticity of Supply Is Elastic, Which of the Following

Question 149

Question 149

Multiple Choice

If the price elasticity of supply is elastic, which of the following could be a possible value of the elasticity?


A) 3
B) 1
C) 0.3
D) 0

Correct Answer:

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