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Exhibit 5-17 -Use the Information in Exhibit 5-17 to Calculate the Price

Question 31

Multiple Choice

Exhibit 5-17
Exhibit 5-17 -Use the information in Exhibit 5-17 to calculate the price elasticity of supply for restaurant meals. A) 7/1 B) 2 C) 1/2 D) 3/5 E) 5/3
-Use the information in Exhibit 5-17 to calculate the price elasticity of supply for restaurant meals.


A) 7/1
B) 2
C) 1/2
D) 3/5
E) 5/3

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