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Anarel [89]
3 years ago
12

Suppose that the price of a money clip increases from $0.75 to $0.90 and quantity supplied rises from 8,000 units to 10,000 unit

s. Use the midpoint formula to calculate the price elasticity of supply.

Business
1 answer:
Sloan [31]3 years ago
8 0

Answer:

The price elasticity of supply is 1.22

Explanation:

Please refer to the attached file

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