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Author Question: Mathematical Calculation of Price Elasticity of SupplyThe table shows the quantity supplied of video ... (Read 98 times)

meganh99

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on: Nov 23, 2022
Mathematical Calculation of Price Elasticity of Supply

The table shows the quantity supplied of video games at various prices.
PointPriceQuantity Supplied
A51675​
B52720​
C53765​
D54810​
E55855​
Using the midpoint formula, the price elasticity of supply between B and C is ________. The supply of the good is ________. Round your final answer to two decimal places.
◦ 3.25, inelastic
◦ 3.18, inelastic
◦ 3.18, elastic
◦ 3.25, elastic
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by meganh99 on Nov 23, 2022

hillard sane

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Reply #1 on: Nov 23, 2022
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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meganh99

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

bigsis44

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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