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Author Question: Which of the following is true about price elasticity of supply? A) Price elasticity of supply = ... (Read 127 times)

vicotolentino

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on: Jun 29, 2018
Which of the following is true about price elasticity of supply?
 
  A) Price elasticity of supply = Percentage change in quantity supplied / Absolute change in price
  B) Price elasticity of supply = Percentage change in quantity supplied / Percentage change in price
  C) Price elasticity of supply = Percentage change in quantity supplied  Absolute change in price
  D) Price elasticity of supply = Percentage change in quantity supplied  Percentage change in price

Question 2

Which of the following is included in the M1 money supply?
 
  A) Bonds
  B) Credit cards
  C) Gold
  D) Deposits in checking accounts
  E) All of the above.


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bhavsar

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


vicotolentino

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

shewald78

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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