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If the quantity supplied of tomatoes rises from 7 million to 9 million kilograms when the price rises from $3.50 to $4.50 per kilogram, then

If the quantity supplied of tomatoes rises from 7 million to 9 million kilograms when the price rises from $3.50 to $4.50 per kilogram, then the numerical value of the price elasticity of supply is:

choose the correct answer:

Multiple Choice

  • 1.3
  • 0.5
  • 1.0
  • 0.8
  • 2.0

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