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    Principles of Microeconomics Study Set 4
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    Exam 4: Elasticity
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    -Refer to the Graph Above to Answer This Question
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-Refer to the Graph Above to Answer This Question

Question 5

Question 5

Multiple Choice

  -Refer to the graph above to answer this question.What is the supply elasticity of S<sub>1</sub> in the $2.50 to $4.00 range? A) 0.23. B) 0.92. C) 1.08. D) 2.17.
-Refer to the graph above to answer this question.What is the supply elasticity of S1 in the $2.50 to $4.00 range?


A) 0.23.
B) 0.92.
C) 1.08.
D) 2.17.

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