Question
suppose elasticity of supply is known to be equal to .5, the percent change is know to be 2, and the initial quality is known
suppose elasticity of supply is known to be equal to .5, the percent change is know to be 2, and the initial quality is known to be 10. What must the new quantity supplied be?
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
