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Price (dollars) Refer to the graph above. What is the price elasticity of supply between $2 and $6? Hint: this is an arc elasticity question

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Price (dollars) Refer to the graph above. What is the price elasticity of supply between $2 and $6? Hint: this is an arc elasticity question that you need to calculate the AVERAGE elasticity over the prices. Also note that it ask the elasticity of supply, not demand. 0 0.80 o 1 o 1.25 o 1.20

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