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    ECON Micro 3
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    Exam 5: Elasticity of Demand and Supply
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    NARRBEGIN: Exhibit 5-20 Exhibit 5-20
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NARRBEGIN: Exhibit 5-20 Exhibit 5-20

Question 74

Question 74

Multiple Choice

NARRBEGIN: Exhibit 5-20
Exhibit 5-20
NARRBEGIN: Exhibit 5-20 Exhibit 5-20    -What is the price elasticity of supply between $20 and $40 on supply curve S' in Exhibit 5-20? A)  0 B)  infinity C)  1 D)  2 E)  10
-What is the price elasticity of supply between $20 and $40 on supply curve S' in Exhibit 5-20?


A) 0
B) infinity
C) 1
D) 2
E) 10

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