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Deffense [45]
3 years ago
14

In 2013, the market price for a 3,000 square foot home in south tampa, florida was $350,000 and 358 new homes were built. in 201

4, the market price for a 3,000 square foot home in south tampa, florida increased to $385,000 and, holding all else equal, 534 new homes were built. using the midpoint method, what is the elasticity of supply for new homes in south tampa?
Business
1 answer:
vivado [14]3 years ago
7 0
Answer would be .24, according to my "calculations"
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