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If the price elasticity of supply is 2, when prices rise by 2%,n the quantity supplied will a increase by 2.00%. B. decrease by 2.00%.

If the price elasticity of supply is 2, when prices rise by 2%,n the quantity supplied will

increase by 2.00%.

B. decrease by 2.00%.

increase by 4.0%.

decrease by 0.50%.

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