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ladessa [460]
3 years ago
6

Calculating the price elasticity of supply.

Business
1 answer:
alekssr [168]3 years ago
5 0

Answer:

Explanation:

W1= 30             W2 =50

Q1 = 6              Q2 = 16

Elasticity of supply = (16-6) / (50-30) * (50+30) / (6+16)

 = (10/20) * (80/22) =80/44= 1.82

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