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Author Question: If the price of a a good increases by 10 percent and the quantity supplied increases by 5 percent, ... (Read 120 times)

krzymel

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on: May 24, 2019
If the price of a a good increases by 10 percent and the quantity supplied increases by 5 percent, then the elasticity of supply is
◦ greater than one and supply is elastic.
◦ negative and supply is inelastic.
◦ less than one and supply is elastic.
◦ less than one and supply is inelastic.
◦ greater than one and supply is inelastic.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by krzymel on May 24, 2019

fraziera112

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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krzymel

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Reply #2 on: May 24, 2019
Thank you!


fraziera112

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Reply #3 on: May 24, 2019
Always glad to help...


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