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D Question 3 4 pts The price elasticity of supply is the: change in the quantity supplied divided by the change in price. percentage change

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D Question 3 4 pts The price elasticity of supply is the: change in the quantity supplied divided by the change in price. percentage change in the quantity supplied divided by the percentage change in price. change in the price divided by the change in the quantity supplied. percentage change in the price divided by the percentage change in the quantity supplied. D Question 4 4 pts Demand is said to be elastic when the: percentage change in quantity demanded is less than the percentage change in price. percentage change in quantity demanded is greater than the percentage change in price. change in quantity demanded is less than the change in price. change in quantity demanded is greater than the change in price

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