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4.'l'he table sets out the supply schedule of jeans. Calculate the elasticity of supply when: Price Quantity supplied (dollars (millions of I at pair! pairs

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4.'l'he table sets out the supply schedule of jeans. Calculate the elasticity of supply when: Price Quantity supplied (dollars (millions of I at pair! pairs 35 m] 120 24 1 1 28 1:0 . 32 135 I 36 The price rises from $125 to $135 a pair. The average price is $125 a pair

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