When the price of a good increases by 300, the quantity supplied ...

[jc611]

When the price of a good increases by 300, the quantity supplied of the good increases from 200 units to 900 units. The price elasticity of supply of the good is:
 
  A) 1.17.
  B) 1.5.
  C) 3.
  D) 4.5.

Question 2

Which of the following is a component of the M1 money supply?
 
  A) Mutual funds
  B) Stock investments
  C) Three month T-bills
  D) All of the above are part of M1.
  E) None of the above is part of M1.

[Edwyer]

Answer to Question 1

A

Answer to Question 2

E

[jc611]

Thanks for the timely response, appreciate it

[lkanara2]

Excellent