jazmin3709 jazmin3709

07-02-2020
Business

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

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tutordamola tutordamola

09-02-2020

Answer:

The price elasticity of supply is 1.22

Explanation:

Please refer to the attached file

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