Shamiyah6231 Shamiyah6231
  • 11-03-2024
  • Business
contestada

If the price elasticity of supply for a good is 0. 5, then a 10% increase in price will lead to a:
a) 5% increase in quantity supplied.
b) 10% increase in quantity supplied.
c) 15% increase in quantity supplied.
d) 20% increase in quantity supplied.

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