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Suppose the price elasticity of supply for jackets is 2. After a price increase, quantity supplied increased by 31%. What was the percentage change in
Suppose the price elasticity of supply for jackets is 2. After a price increase, quantity supplied increased by 31%. What was the percentage change in price that caused this change in quantity supplied? The percent change in price was _____%. If applicable, round your answer to two decimal places
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
