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If an Increase in Price from $1 to $2 Per

Question 57

Multiple Choice

If an increase in price from $1 to $2 per unit leads to an increase in quantity supplied from 20 to 100 units,then the value of the price elasticity of supply is _____


A) 0.38.
B) 2.
C) 2.67.
D) 4.
E) 8.

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