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If a 20% change in price results in a 15% change in quantity supplied, then the price elasticity of supply is about O a. 1.33,

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If a 20% change in price results in a 15% change in quantity supplied, then the price elasticity of supply is about O a. 1.33, and supply is elastic. O b. 1.33, and supply is inelastic. O c. 0.75, and supply is elastic. O d. 0.75, and supply is inelastic

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