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Please Help Suppose that the price of product X rises by 12 percent and the quantity supplied of X increases by 15 percent. The coefcient

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Suppose that the price of product X rises by 12 percent and the quantity supplied of X increases by 15 percent. The coefcient of price elasticity of supply for good X is Multiple Choice 0 negative, and therefore X is an interior good. positive, and therefore X is a normal good. less than 'I, and therefore supply is inelastic. . more than 1, and therefore supply' is elastic

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