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3. Sensitivity o! the Quantity Supplied to Price 3.1 The linear supply function is Equation 3.8, Q = g + hp. Derive a formula for

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3. Sensitivity o! the Quantity Supplied to Price \"3.1 The linear supply function is Equation 3.8, Q = g + hp. Derive a formula for the elasticity of supply in terms of p {and not Q). Now write a formula entirely in terms of Q, A -_-. .. .. . . .. .' ..r

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