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A rise in the price of coffee milkshakes from R6 to R10 results in an increase in quantity supplied from 6000 to 12000 units. This
A rise in the price of coffee milkshakes from R6 to R10 results in an increase in quantity supplied from 6000 to 12000 units. This means that the arc price elasticity of supply for coffee milkshakes is:
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