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If the supply of Qantas branded luggage increased from 130 to 150 bags per week, when the price increased from $200 to $230, then the
If the supply of Qantas branded luggage increased from 130 to 150 bags per week, when the price increased from $200 to $230, then the price elasticity of supply is Select one: 1.0 and is unit elastic 1.0 and is inelastic 1.0 and is elastic 1.0 and is perfectly elasticDiscretionary purchases that are not essential, like buying a second cup of coffee in the afternoon. will most likely have a Select on e: 0 Low price elasticity and a at demand curve 0 Low price elasticity and a steep demand curve 0 High price elasticity and a steep demand curve 0 High price elasticity and a at demand curve
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