Suppose that the value of the price of a product decreased from $2.10 to $1.90, and the

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Suppose that the value of the price of a product decreased from $2.10 to $1.90, and the quantity supplied decreased from 24 to 16. What is the value of supply elasticity?

Select one:

- 4.0.

+ 0.25.

- 0.25.

+ 3.47.

+ 4.0.

Posted Date: Jun 13, 2024 12:04 AM

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Suppose that the value of the price of a product decreased from $2.10 to $1.90, and the

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