Author Question: When the price of a good increases by 300, the quantity supplied of the good increases from 200 ... (Read 197 times)

jc611 · **on:** Jun 29, 2018

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.