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    Survey of ECON Study Set 1
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    Exam 4: Using Supply and Demand
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    The Elasticity of Supply Is Defined as the ____ Change
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The Elasticity of Supply Is Defined as the ____ Change

Question 76

Question 76

Multiple Choice

The elasticity of supply is defined as the ____ change in quantity supplied divided by the ____ change in price.


A) total; percentage
B) percentage; marginal
C) marginal; percentage
D) percentage; percentage
E) total; total

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