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If a 20% increase in the price of gasoline increases the quantity supplied by 8%, then the price elasticity of gasoline supply, Es, is Group

If a 20% increase in the price of gasoline increases the quantity supplied by 8%, then the price elasticity of gasoline supply, Es, is

Group of answer choices

0.4.

1.6.

1.4.

0.25.

2.5.

12.0.

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