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    Refer to the Figure Below
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Refer to the Figure Below

Question 47

Question 47

Multiple Choice

Refer to the figure below. If the price rises from $10 to $14, what will happen to the price elasticity of supply? Refer to the figure below. If the price rises from $10 to $14, what will happen to the price elasticity of supply?   A) It increases. B) It decreases. C) It stays the same. D) This cannot be determined from the information provided.


A) It increases.
B) It decreases.
C) It stays the same.
D) This cannot be determined from the information provided.

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