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Quiz_Ch2_Img A firm calculates the price elasticity of supply for umbrellas using the dollar amount it charges per hundred umbrellas (Price) and how many hundreds

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Quiz_Ch2_Img A firm calculates the price elasticity of supply for umbrellas using the dollar amount it charges per hundred umbrellas (Price) and how many hundreds of umbrellas are produced each week (Quantity). If, instead, it were to use the dollar amount per thousand umbrellas (Price) and how many thousand of umbrellas are produced each day (Quantity), this change will (Need help? Read chapter 2.5 of the textbook, here: https://playconomics.com/textbooks/view/playconomics4-2019t3/part2/ch2/$5) O Leave the price elasticity of supply unchanged (as calculated by that firm) O Increase the price elasticity of supply (as calculated by that firm) O Decrease the price elasticity of supply (as calculated by that firm) O All the above might be correct depending on the type of market structure the firm operates in. O None are correct. Skip Submit answer Quiz Ch2 ohm

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