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Suppose that the supply of a good is given by P = 40 + 20. If P=$70, the price elasticity of supply is equal to:

Suppose that the supply of a good is given by P = 40 + 20. If P=$70, the price elasticity of supply is equal to: O A. 2.33. B. 0.11. OC. 0.43. O D. 9.33. > Next page

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